SOLD
Sold on 29 May 2024 for $620,000

105/51 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 964m2
Sold By
Chisholm & Gamon Property Pty Ltd Elwood
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Property Details for 105/51 Ormond Esp, Elwood

105/51 Ormond Esp, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 964m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Land Size
964m2
Local Government
Port Phillip
Lot/Plan
105/PS812884

Last Listing description (July 2024)

A landmark c1939 architectural fa?ade on Elwood's Golden Mile, exquisitely restored to perfection, 'St Kiernan' is home to this stunning 1 bedroom 1 bathroom 1st floor security apartment balancing Hollywood grandeur with sophisticated 21st century luxury.

Welcomed by an opulent communal marble foyer with luxuriant chandelier, waterfall mezzanine, Axminister carpets, elegant wall sconces and lift access to all levels, this engaging residence features a bright entry hall introducing the European Oak floors, an on-trend stone kitchen with Miele appliances and satin 2-pac cabinetry; a sun-filled open plan living/dining area with a sliding door to a palatial sized terrace, gorgeous master bedroom (BIR) also with terrace access, vogue bathroom and concealed laundry.

Well-appointed, this divine abode is equipped with R/C air conditioning, double glazed windows, black tapware and door furniture, a storage cage and secure basement parking.

Proudly positioned in Elwood's Golden Mile, stroll to Elwood Village's cafes, restaurants and vibrant wine bars, beautiful beaches, transport and local schools.

Property History for 105/51 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$620,000
29 May 2024
  • 10 Jul 2024
    Listed for Rent $550 / week
  • 29 May 2024
    Sold for $620,000
  • 01 Feb 2024
    Listed for Sale Not Disclosed
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About Elwood 3184

The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14% of total area. The population of Elwood in 2011 was 14,637 people. By 2016 the population was 15,548 showing a population growth of 6.2% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation. In 2011, 42.4% of the homes in Elwood were owner-occupied compared with 41.9% in 2016.

Elwood has 10,116 properties. Over the last 5 years, Houses in Elwood have seen a 2.81% increase in median value, while Units have seen a 1.73% increase. As at 31 October 2024:

  • The median value for Houses in Elwood is $2,090,299 while the median value for Units is $672,005.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 485 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.