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Sold on 15 Nov 2023 for $940,000

2/109-111 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 2/109-111 Addison St, Elwood

2/109-111 Addison St, Elwood is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Elwood in the last 12 months.

Building Type
Apartment
Local Government
Port Phillip
Lot/Plan
2/PS537639

Last Listing description (November 2023)

Enviably located in a pristine pocket only moments from Glen Huntly Road and Elwood Foreshore Reserve, this property delivers the dimensions, details, and highly-desirable design features one would expect of its blue-ribbon locale.
A restrained material palette comprising square-set plaster, black joinery elements, and hybrid wood flooring are understated in appearance, and implemented with the goal of drawing your attention into the oversized, wrap-around courtyard setting beyond.
The use of fine grained timber and stone elements are a nod to the property's verdant surrounds, and are utilised in the kitchen to stunning effect. A bastion of cookery, the kitchen includes wide preparation benches, high-volume cabinetry, and stainless-steel appliances.

A primary bedroom with BIR, A/C, and ensuite is joined by a secondary bedroom with BIR and main bathroom access. Completing the floor plan are a separate laundry and two, secure car-spaces on title.
Located within walking distance of the cultural commons of Ormond & Glen Huntly roads, this exceptionally positioned address is only moments from St. Kilda Botanical Gardens, Elsternwick Park, Carlisle Street, and St. Kilda Beach.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections

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Property History for 2/109-111 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$940,000
15 Nov 2023
Listed for Rent
$575/w
22 May 2012
  • 15 Nov 2023
    Sold for $940,000
  • 24 Oct 2023
    Listed for Sale SOLD PRIOR TO AUCTION BY GREG BRYDON
  • 28 Mar 2015
    Sold for $805,000
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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.

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Greg Brydon
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Gordon Mcleod
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