SOLD
Sold on 04 May 2024 for $2,030,000

2 Spray Street
Elwood VIC 3184

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 316m2
Land area: 401m2
Sold By
Chisholm & Gamon Property Pty Ltd Elwood
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Property Details for 2 Spray St, Elwood

2 Spray St, Elwood is a 5 bedroom, 2 bathroom House and was built in 2025. The property has a land size of 401m2 and floor size of 316m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom House sold in Elwood in the last 12 months.

Building Type
House
Year Built
2025
Floor Size
316m2
Land Size
401m2
Local Government
Port Phillip
Lot/Plan
1/PS428742

Last Listing description (September 2024)

Explore the potential and appreciate the options offered by this time-worn Edwardian on a generous 401sqm (approx) corner block of prestige Elwood land. Just doors from the greenery that lines the canal & district and short stroll from shops & cafes, this is a highly-desirable location to lay down roots and invest in the future.
Currently on offer is a 3 bedroom period home which although very ready for some major renovations, still showcases appealing traditional details including a shady front verandah and classic facade along with soaring ceilings inside. With the generous proportions typical of the era, the interiors have the scope to be reinvented and transformed into something special, but the real appeal lies with the fabulous allotment of land. Consider taking cues from Elwood's display of luxury residences and craft a standout showpiece custom-designed for your tastes and lifestyle. Alternatively thanks to the dual street frontages, this could be an ideal setting for an exquisite subdivision of low maintenance abodes (all STCA).
And the calibre of the location speaks for itself. A few minutes' walk to the stunning foreshore or a gentle stroll through the park to trams and Elsternwick station, there are also quality schools plus an array of dining options and boutique shopping all on hand.

Property History for 2 Spray St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$2,030,000
04 May 2024
  • 04 May 2024
    Sold for $2,030,000
  • 29 Feb 2024
    Listed for Sale Contact Agent
  • 30 May 2022
    Listed for Sale $2,380,000
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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 10,224 properties. Over the last 5 years, Houses in Elwood have seen a 3.09% increase in median value, while Units have seen a -1.57% decrease. As at 30 November 2024:

  • The median value for Houses in Elwood is $2,170,997 while the median value for Units is $676,878.
  • Houses have a median rent of $663 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 493 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.