SOLD
Sold on 18 Nov 2023 for $480,000

2/12 Austin Avenue
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 67m2
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Sold By
Joshua Richards
Jellis Craig Port Phillip
Sam Hobbs
Jellis Craig Port Phillip
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Property Details for 2/12 Austin Ave, Elwood

2/12 Austin Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 67m2. 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
Land Size
67m2
Local Government
Port Phillip
Lot/Plan
2/PS447584

Last Listing description (November 2023)

Lease in place until 8 September 2024

One of only three, this peacefully located entire-floor 60s apartment offers space, light and opportunity on the edge of everything that makes Elwood so desirable. Completely private and offering superb proportions and the potential for those seeking to make excellent gains in a sought-after neighbourhood, this light and bright two-bedroom haven ticks all the boxes for investors and first-home buyers alike. Superbly spacious, it offers an inviting living room bathed in natural light with a sunny west-facing balcony, a generously proportioned kitchen with a meals area and gas cooking and two generous bedrooms, each fitted with built-in robes. A retro bathroom with laundry facilities is perfectly functional yet provides exciting scope to update.

This brilliantly located apartment promises a vibrant lifestyle in one of Melbourne's most sought-after bay-side suburbs, a short walk to Glen Huntly Road and Ormond Village restaurants, cafes and boutiques, St Kilda's iconic entertainment precinct, Elwood's beautiful beach and parklands, and the ease of Brighton Road trams.

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Property History for 2/12 Austin Ave, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$480,000
18 Nov 2023
Listed for Rent
28 Jan 2012
  • 18 Nov 2023
    Sold for $480,000
  • 25 Oct 2023
    Listed for Sale Contact Agent
  • 23 Nov 2011
    Listed for Rent - Price not available
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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 10,222 properties. Over the last 5 years, Houses in Elwood have seen a 18.69% increase in median value, while Units have seen a 4.54% increase. As at 31 August 2024:

  • The median value for Houses in Elwood is $2,234,169 while the median value for Units is $670,575.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 13 properties listed for sale, and 13 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Elwood.

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