SOLD
Sold on 16 Mar 2024 for $3,505,000

38 Addison Street
Elwood VIC 3184

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 104m2
Land area: 582m2
Sold By
Marshall White Port Phillip
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Property Details for 38 Addison St, Elwood

38 Addison St, Elwood is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 582m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Elwood in the last 12 months.

Building Type
House
Floor Size
104m2
Land Size
582m2
Local Government
Port Phillip
Lot/Plan
1/TP127503

Last Listing description (March 2024)

With an impressive 12m (approx) frontage set on a generous 582sqm (approx), this enchanting, solid brick, freestanding Edwardian residence is located in the heart of Elwood, in a peaceful tree-lined setting. The property features generous and adaptable dimensions tailored for comfortable family living, along with easy off-street parking and captivating garden surroundings.

Within a short walk of Point Ormond and the bay, this enchanting home exudes a timeless elegance with its single-level layout, high ceilings, leadlight windows, and impressive northwest orientation. A traditional verandah introduces a wide entrance hall, which flows to the northern side through a spacious living room with a fireplace and an exquisite formal dining area. 3-4 bedrooms, including the main suite with built-in robes and picturesque garden views, are accompanied by two bathrooms in the quiet hallway, adjacent to a laundry.

A modern vision is revealed at the back, featuring a well-equipped kitchen as the focal point of an open-plan living and dining area, appointed with quality European appliances and a stone breakfast bench. The atmosphere created by a gas fireplace complements the connection to the garden, enhanced by French doors that offer an ideal indoor-outdoor flow for year-round entertaining. A broad deck is situated in a magnificent west-facing private garden, and double gates allow vehicle access from the rear lane, providing additional parking space.

Just a short walk from Elwood Village and Acland Street, Jerry's Milkbar Cafe, the beach and excellent schools, including Elwood Primary School and St Columba's Primary School, this exceptional home includes an alarm, ducted heating, split system air conditioning, solar panels, garden sheds, and a secure car space to the front. Land size: 582sqm approx.

Property History for 38 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$3,505,000
16 Mar 2024
  • 16 Mar 2024
    Sold for $3,505,000
  • 21 Feb 2024
    Listed for Sale $3,200,000 - $3,400,000
  • 12 Sep 1998
    Sold for $516,000
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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 11 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 490 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.