3/38 Pine AvenueElwood VIC 3184
Property Details for 3/38 Pine Ave, Elwood
3/38 Pine Ave, Elwood is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 628m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Elwood in the last 12 months.
Last Listing description (June 2024)
Exclusively positioned between Elwood Foreshore and Ormond Village, this rare Art Deco residence, one of only four, captures lifestyle excellence with its seamless blend of modern sophistication and period grandeur.
Elevated and set over two unique levels, the home offers large, accommodating proportions filled with natural light, emphasised with hardwood floors and high ornate ceilings. Generous living and dining zones with a working fireplace and custom storage blend seamlessly with the central kitchen, featuring a granite counter and stainless steel benchtops with quality European appliances, including a brand-new dishwasher and oven. Indoor-outdoor living is encapsulated with bi-fold doors extending entirely from the dining space to the rear terrace, with built-in seating and a remote awning ideal for year-round outdoor entertaining.
Three robed bedrooms, including a loft bedroom with Velux skylights, offer unparalleled comfort and privacy. The oversized main bedroom features a private balcony, perfect for morning coffee or unwinding at dusk, whilst a central contemporary bathroom with a separate toilet and a European laundry with a pulley drying station complements the home's functional design.
Within steps of Elwood's famous cafe culture, wine bars, and dining options, and just two doors from Elwood Park and Foreshore, this residence offers an exciting lifestyle minutes from the CBD, with ducted reverse-cycle heating/cooling, a brand new intercom system with gate release, a lock-up garage, and ample storage throughout.
Property History for 3/38 Pine Ave, Elwood, VIC 3184
- 15 Jun 2024Sold for $1,337,000
- 23 May 2024Listed for Sale $1,200,000 - $1,300,000
- 27 Mar 2023Listed for Rent $850 / week
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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 10,225 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.
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