SOLD
Sold on 21 Dec 2023 for $850,000

302/122-126 Ormond Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Sold By
Gary Peer & Associates Carnegie
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Property Details for 302/122-126 Ormond Rd, Elwood

302/122-126 Ormond Rd, Elwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
82m2
Local Government
Port Phillip
Lot/Plan
302/PS526181

Property History for 302/122-126 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$850,000
21 Dec 2023
Listed for Rent
$580/w
13 Jan 2012
  • 21 Dec 2023
    Sold for $850,000
  • 05 Jan 2012
    Listed for Rent - Price not available
  • 29 Oct 2008
    Listed for Rent - Price not available
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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 10,120 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.