4/27 Spray St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 576m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
Ticking all the boxes as an inner bayside lifestyle base and as a savvy, on-going investment, this tastefully updated and blissfully light-filled, two bedroom mid-century apartment is set in one of Elwood's favourite tree-lined streets, merely metres from Ormond Road and moments from the beach. One of only six in this boutique block with its own remote-access lock-up garage, this is an apartment that allows you to enjoy its vibrant lifestyle offering today, rejuvenate it at your leisure and reap the rewards of an astute long-term financial decision.
Updated with stainless steel appliances and contemporary cabinetry, the kitchen is well-appointed and separate to a large lounge / dining that frames attractive treetop vistas. Each of the bedrooms has been appointed with built-in robes, plus there is a bright bathroom / laundry, rich polished hardwood flooring, secure intercom entry, split system heating and air conditioning.
Spoilt for outdoor recreational choices, this is a premium position that allows you to enjoy leisurely leafy walks along the Elwood Canal, as well as the open spaces of Elsternwick Park or indulge in the waterfront bliss of the foreshore, plus you have terrific local cafes and bars along Ormond Road, even more cafes, bars, restaurants and cinemas at Glenhuntly Road, while city-bound trams along Brighton Road and trains from Elsternwick Railway Station offer easy city commuting.
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 5.40% increase in median value, while Units have seen a 1.08% increase. As at 30 September 2024:
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