OFF MARKET

31/169 Ormond Road
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 51m2
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Last updated 11 Nov 2024
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Property Details for 31/169 Ormond Rd, Elwood

31/169 Ormond Rd, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 51m2 and floor size of 51m2.

Building Type
Unit
Year Built
1960
Floor Size
51m2
Land Size
51m2
Local Government
Port Phillip

Last Listing description (May 2024)

Loving the lifestyle on the edge of Elwood Village, this tastefully renovated single bedroom apartment is blissfully big and bathed in sunshine. It sits securely on the top floor of Merton Court, a landmark, Sir Bernard Evans designed 1950s building. An icon of Elwood, the apartment gazes out upon the remarkable tranquility of central communal gardens, whilst promising a lifestyle enriched by access to the waterfront and strolls through Elsternwick Park as well as all the famous delights of the Ormond Road scene.

Opened-up for a modern style of living, the apartment features stone-top kitchen with stainless steel appliances and an easy connection to open-plan meals / living. With brand new floors, the apartment also offers impressive floor to ceiling built-in robes in the bedroom, a vogue bathroom & dishwasher in the kitchen.

Reap the rewards of a walk-everywhere location that is one of Elwood's finest, near terrific local cafes, bars, fine dining and the sands of Elwood Beach, while buses, trams along Brighton Road and trains from Elsternwick Railway Station can take you almost everywhere.

Property History for 31/169 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$310/w
02 Dec 2016
  • 09 Feb 2024
    Listed for Sale OFFERS: $400K - $440K
  • 06 Apr 2018
    Listed for Sale Not Disclosed
  • 02 Dec 2016
    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 10,123 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, 496 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.