SOLD
Sold on 20 Apr 2024 for $345,000

12/18 Scott Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Sold By
Buxton Brighton
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Property Details for 12/18 Scott St, Elwood

12/18 Scott St, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1960
Local Government
Port Phillip
Lot/Plan
12/PS323221

Last Listing description (April 2024)

Secure your spot on Elwood's sought-after Scott Street with this sparkling 1-bedroom apartment located footsteps away from Tennyson Street shops and the tramline. Also just minutes from the thriving hubs of Ormond Road and Glen Huntly Road, and popular Elwood beach, this impeccably presented, second floor home offers unbeatable convenience and charm.

An abundance of natural light creates an inviting sense of spaciousness, while high ceilings and large picture windows enhance a crisp white colour scheme. Open-plan living seamlessly integrates with a pristine kitchen, boasting an electric stove and handy breakfast bar. The generous bedroom (built-in robes) features a tiled en suite bathroom with laundry facilities for added convenience.

This neat, low-rise block is secured by remote gates with intercom entry and off-street parking for one car. Whether you're starting afresh or seeking a ready-to-rent investment, this property offers an enviable opportunity. Embrace the vibrant lifestyle of Elwood, with trendy bars, cafes and restaurants, the supermarket and city transport at your doorstep, and great accessibility to neighbouring Bayside suburbs and the waterfront.

For more information about this light and bright Elwood apartment please contact Tom Davidson at Buxton Brighton on 0488 017 500.

Property History for 12/18 Scott St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$345,000
20 Apr 2024
Listed for Rent
$300/w
31 Aug 2021
  • 20 Apr 2024
    Sold for $345,000
  • 07 Feb 2024
    Listed for Sale $350,000 - $380,000
  • 05 Jul 2021
    Listed for Rent $300 / 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 10,225 properties. Over the last 5 years, Houses in Elwood have seen a 5.40% increase in median value, while Units have seen a 1.08% increase. As at 30 September 2024:

  • The median value for Houses in Elwood is $2,127,008 while the median value for Units is $668,000.
  • Houses have a median rent of $738 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 503 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.