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Sold on 27 Mar 2024 for $988,000

2/129-133 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 2/129-133 Ormond Esp, Elwood

2/129-133 Ormond Esp, 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 March 2024. There are other 2 bedroom Apartment sold in Elwood in the last 12 months.

Building Type
Apartment
Local Government
Port Phillip
Lot/Plan
2/PS442412

Last Listing description (March 2024)

The Feel:
Across the road the expanses of Elwood Park reach to the beach, around the corner cool cafes and shops await – this dynamic apartment enjoys lifestyle attractions in every direction. The position is clearly exceptional and the appeal of the spaces is equally enticing. Beautifully private, accompanied by inviting courtyard proportions, the design delivers security, sophistication and the sensational convenience of two car spaces. As an investment or as an address, it's an outstanding success.

The Facts:
- Quiet, convenient ground level spaces preceded by an elegant paved entrance and security foyer
- Living and dining areas featuring timber flooring and leafy outlooks over the generous courtyard backdrop
- Open-plan kitchen equipped with stone bench-tops, stainless steel appliances and excellent integrated cabinetry
- Main bedroom accompanied by an elegant ensuite and a dedicated study zone with a courtyard aspect
- Central second bedroom appreciates its own courtyard view and the stylishly appointed second bathroom
- Effective shade sail and appealing full-width dimensions enhance the opportunity for alfresco enjoyment
- Allocated parking for two cars adds an extra asset to a property that offers every Elwood advantage

Property History for 2/129-133 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$988,000
27 Mar 2024
  • 22 Mar 2024
    Sold for $988,000
  • 12 Mar 2024
    Listed for Sale Contact Agent
  • 16 Oct 2015
    Sold for $765,500
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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 10,117 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 15 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 486 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.