SOLD
Sold on 18 Jul 2024 for $615,000

2/7 Coleridge Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 650m2
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Property Details for 2/7 Coleridge St, Elwood

2/7 Coleridge St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 650m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
66m2
Land Size
650m2
Local Government
Port Phillip
Lot/Plan
9/PS306406

Last Listing description (August 2024)

In the vibrant heart of Elwood, this fantastic two-bedroom apartment offers an irresistible lifestyle opportunity, perfect for starting up or as a smart investment. With light-filled spaces and secure off-street parking, it seamlessly blends comfort and style in a prized setting, walking distance to Brighton Road trams, Tennyson Street shops and Elsternwick Village.

New carpets and fresh updates enhance the generous two-bedroom layout, where built-in robes and abundant natural light grace each spacious bedroom. The living area opens to a north-west facing balcony and features split system heating/cooling, whilst the separate kitchen with gas cooking and room to dine complements the central bathroom, complete with a shower, bath, and laundry provisions.

Boasting turn-key appeal with the potential for modern updates, this sensational apartment, situated in a boutique block with automated secure gated access, promises excellent returns and endless lifestyle appeal, all set in the dynamic heart of Elwood.

Property History for 2/7 Coleridge St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$615,000
18 Jul 2024
Listed for Rent
$350/w
07 Apr 2021
  • 18 Jul 2024
    Sold for $615,000
  • 18 Jul 2024
    Sold
  • 12 Jul 2024
    Listed for Sale Not Disclosed
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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 10,218 properties. Over the last 5 years, Houses in Elwood have seen a 26.56% increase in median value, while Units have seen a 5.79% increase. As at 31 July 2024:

  • The median value for Houses in Elwood is $2,305,460 while the median value for Units is $673,116.
  • Houses have a median rent of $820 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 495 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.