SOLD
Sold on 22 Mar 2024 for $550,000

4/27 Spray Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 576m2
Sold By
Marshall White
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Property Details for 4/27 Spray St, Elwood

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.

Building Type
Unit
Year Built
1970
Floor Size
74m2
Land Size
576m2
Local Government
Port Phillip
Lot/Plan
4/RP12402

Last Listing description (April 2024)

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.

Property History for 4/27 Spray St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Mar 2024
Listed for Rent
$375/w
20 Mar 2015
  • 22 Mar 2024
    Sold for $550,000
  • 31 Jan 2024
    Listed for Sale $550,000
  • 01 May 2018
    Sold for $565,000
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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 10,225 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:

  • The median value for Houses in Elwood is $2,127,008 while the median value for Units is $668,000.
  • Houses have a median rent of $738 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 503 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.