SOLD
Sold on 14 Nov 2023 for $571,000

16/131 Brighton Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1181m2
Sold By
David Seeber
Buxton St Kilda
Natalie Mcasey
Buxton St Kilda
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Property Details for 16/131 Brighton Rd, Elwood

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.

Building Type
Unit
Year Built
1970
Floor Size
78m2
Land Size
1181m2
Local Government
Port Phillip
Lot/Plan
16/RP1412

Last Listing description (November 2023)

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.

Property History for 16/131 Brighton Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$571,000
14 Nov 2023
Listed for Rent
$370/w
07 Jul 2020
  • 14 Nov 2023
    Sold for $571,000
  • 08 Nov 2023
    Listed for Sale Auction: $520,000 - $550,000
  • 22 May 2020
    Listed for Rent $375 / 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 10,155 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:

  • 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 16 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 499 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.