SOLD
Sold on 13 Jun 2024 for $490,000

4/145-147 Ormond Road
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 1175m2
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Property Details for 4/145-147 Ormond Rd, Elwood

4/145-147 Ormond Rd, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 1175m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1920
Floor Size
48m2
Land Size
1175m2
Local Government
Port Phillip
Lot/Plan
4/PS404121

Last Listing description (June 2024)

Stepping into the spotlight within the renovated Broadway Theatre cinema complex, this two-level apartment encapsulates the distinctive essence of New York-style living in the heart of Elwood. Going beyond the ordinary apartment layout, the bright interior commands attention with spacious living and dining areas flowing seamlessly onto a wooden deck through a large, expansive glass sliding door. The interior boasts a well-equipped kitchen, and a staircase leading to the loft-style bedroom adorned with a skylight, ceiling fan, built-in wardrobes, and an ensuite bathroom featuring a shower-over-the-bath and a recess housing a laundry trough with washing machine connections. Adding to its allure are the hardwood floors, basement parking space, secure intercom access, and impressively lofty ceilings. Perfectly poised to receive acclaim from first-time homebuyers, enthusiasts of the vibrant lifestyle, investors, and those seeking a charming Bayside retreat, this property sits conveniently on the doorstep of Elwood Village's array of dining spots, cafes, specialty stores, and boutiques, just moments away from the beach and Elsternwick Park.

Property History for 4/145-147 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$490,000
13 Jun 2024
Listed for Rent
$450/w
18 Jul 2023
  • 13 Jun 2024
    Sold for $490,000
  • 16 May 2024
    Listed for Sale Contact Agent
  • 05 Jul 2023
    Listed for Rent $450 / 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 10,225 properties. Over the last 5 years, Houses in Elwood have seen a 18.69% increase in median value, while Units have seen a 4.54% increase. As at 31 August 2024:

  • The median value for Houses in Elwood is $2,234,169 while the median value for Units is $670,575.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 15 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 502 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.