3/48 Milton St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
Don't miss out on your opportunity to snap up the vibrant bayside lifestyle you've always dreamed of. Peacefully tucked away in a well maintained block in the heart of Elwood, this light & bright, immaculately presented ground floor apartment sets the tone for a fabulous lifestyle. In fact, it's more than just a place to live, it's an amazing lifestyle opportunity too & while extremely comfortable as is, also presents exciting scope to further modernise should you choose! This great find would ideally suit first home buyers wanting to break into the market or savvy investors seeking high rent returns. A tiled entrance hallway with storage greets you on entry & delivers a generously proportioned living room enjoying access to a sun drenched balcony terrace & a functional spacious kitchen with ample storage & space for meals area. Also featuring two good sized carpeted bedrooms with built-in robes, a sparkling fully tiled central bathroom with bath, shower, laundry facilities & a separate toilet. Other features include secure intercom entry, split system heating/air conditioning & off street parking at the rear for one car. Ideally located for a hassle free lifestyle of convenience close to St Kilda Botanical Gardens, transport, the beach & vibrant Acland Street & Elwood's shops & cafes.
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 10,116 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:
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