16/131 Glen Huntly Rd, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1970. 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.
Experience a convenient and desirable lifestyle in this bright, elevated studio apartment on Glen Huntly road, close to Elwood beach and the vibrant Elwood village.
This bright and open plan apartment offers a comfortable living space with treed outlook, tidy and neat kitchen, and clean bright bathroom that all serve to enhance the apartment's charm. This property also presents a great investment opportunity, with apartments in the block achieving $320 per week rental return.
Just a short walk from Ormond Road's bustling shops and cafes and Elsternwick station, this studio places you at the heart of a vibrant lifestyle.
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:
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