OFF MARKET

4/29 Pine Avenue
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 625m2
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Property Details for 4/29 Pine Ave, Elwood

4/29 Pine Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 625m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1970
Floor Size
79m2
Land Size
625m2
Local Government
Port Phillip
Lot/Plan
4/RP5035

Last Listing description (January 2024)

Make your first move into the property market with confidence or lock in a premium investment with this elevated apartment. Set at the rear of a small boutique block, it's enviably positioned between the bay and Ormond Village, right in Elwood's sought-after Golden Mile.

The bigger-than-usual interior presents a practical design with a central passage connecting the rooms. These include a sizable living room illuminated with inviting northern light and leading to a covered balcony. The adjoining kitchen offers a meals area and is equipped with an oven, gas cooktop, drawer dishwasher, and an appliance cupboard to ensure a streamlined look. Both spacious bedrooms, complete with built-in robes, sit conveniently close to the bathroom appointed with a bath, step-in shower, and separate toilet. Additional features encompass a dedicated laundry space with a trough, ducted heating, a split-system air conditioner, intercom entry and a covered car space.

Lifestyle meets convenience in the blue-chip location, where you're a stone's throw from a variety of cafes, bakeries, boutiques, and artisan food shops on one end, while Elwood beach and its accompanying foreshore trails lie in the opposite direction. With easy access to transport and Elsternwick Park nearby, this apartment represents a prime Elwood gateway or solid investment.

Property History for 4/29 Pine Ave, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$692,000
14 Oct 2023
Listed for Rent
$470/w
05 Sep 2022
  • 14 Oct 2023
    Sold for $692,000
  • 18 Sep 2023
    Listed for Sale $680,000 - $720,000
  • 02 Aug 2023
    Transferred
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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 10,155 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 16 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 499 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.