16/131 Brighton Rd, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1181m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
From the first glance the appeal is obvious! This exceptionally spacious apartment provides an abundance of reasons for immediate enjoyment in a location that needs no introduction to its lifestyle advantages including proximity to great local shopping, trams and Ripponlea station. Luxuriously large living/dining areas are accompanied by a welcoming North facing balcony which are complemented by a bright kitchen/meals with an abundance of storage. Two double bedrooms and a central bathroom featuring separate, bath, shower and laundry facilities. Spilt system heating/cooling, security entrance and allocated under-cover car parking complete this picture-perfect Elwood residence.
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 10,155 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:
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