SOLD
Sold on 11 Jan 2024 for $643,000

3/61 Ormond Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 654m2
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Property Details for 3/61 Ormond Rd, Elwood

3/61 Ormond Rd, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 654m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
76m2
Land Size
654m2
Local Government
Port Phillip
Lot/Plan
10/RP633

Last Listing description (November 2023)

This top-floor haven welcomes you with sun-drenched interiors that have been thoughtfully updated for contemporary comfort. A generously proportioned living room beckons, complete with a charming balcony. The modern kitchen boasts a convenient breakfast bench, a well-appointed pantry, and gleaming stainless-steel appliances.

Two spacious bedrooms with fitted wardrobes offer ample space for relaxation and storage. A bright bathroom, complete with laundry facilities, and a separate WC enhance convenience. Stay cozy with split-system air-conditioning.


Nestled in the vibrant heart of Elwood Village, just a leisurely stroll from the sandy shores, this elevated apartment is a true gem. Enjoy the added layer of security with an intercom system that grants access to only three select apartments within the complex.

Property History for 3/61 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$643,000
11 Jan 2024
Listed for Rent
$480/w
21 Oct 2022
  • 11 Jan 2024
    Sold for $643,000
  • 10 Nov 2023
    Listed for Sale Auction this Saturday at 2:00pm
  • 06 Oct 2022
    Listed for Rent $480 / 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 10,117 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.