SOLD
Sold on 02 Jun 2024 for $540,000

12/113 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 1016m2
Sold By
James & Co Real Estate Bundoora
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Property Details for 12/113 Addison St, Elwood

12/113 Addison St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1016m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
66m2
Land Size
1016m2
Local Government
Port Phillip
Lot/Plan
27/RP13764

Last Listing description (June 2024)

This is your chance to secure an affordable premium bay side location, within a cozy leafy tree lined enclave and that fresh ocean breeze, this top floor apartment has an abundance of natural light and a spacious floorplan, perfect for first home buyers, investors, or downsizers. Other features you will love include;
Separate large living room with external access to undercover balcony
Split system heating/cooling

Spacious kitchen with loads of natural light (with enough room to extend/renovate)
2 terrific size bedrooms with BIRs
Central bathroom with laundry taps
Low Body Corp fees ($727 per quarter)
Allocated on-site car park to the rear of the building/intercom entry
On site laundry facilities
Short stroll to Elwood foreshore/Elwood Village/parklands/cycling tracks
Premium “Golden Mile” address

Due diligence checklist - http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: The above information has been gathered from sources that we believe are reliable. However, we cannot guarantee the accuracy of this information and nor do we accept responsibility for its accuracy. Any interested parties should rely on their own enquiries and judgment to determine the accuracy of this information for their own purposes. Images are for illustrative and design purposes only and do not represent the final product or finishes.*Virtual furniture has been used to offer context

Property History for 12/113 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$540,000
02 Jun 2024
Listed for Rent
$350/w
01 Jul 2022
  • 02 Jun 2024
    Sold for $540,000
  • 01 Feb 2024
    Listed for Sale Now selling $549,000
  • 19 Dec 2019
    Listed for Rent $400 / week
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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 10,101 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 14 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 479 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.