4/50 Ormond Rd, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 21m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
In peaceful seclusion at the rear of the block, this enticing open-plan private 2 bedroom ground floor security apartment with undercover parking highlights a state of complete calm in its decked garden oasis.
Equipped with an exclusive entry gate through to the courtyard garden with its extensive space to entertain on the secluded deck, this serene apartment features a wide entrance with European laundry, an open plan living and dining area with a sliding glass door to the courtyard, a modern kitchen with Smeg stainless steel cooking appliances and abundant storage, 2 good size bedrooms with built in robes and a smart fully tiled bathroom.
Your personal space to retreat from the action, this lifestyle hideaway is complemented with reverse cycle air conditioning, security doors/grills, an intercom, instant hot water, a storage shed and undercover parking.
On the edge of Elwood Village, a heartbeat to your favourite cafes, trendy eateries, wine bars, health food stores, fitness studios and bus services, while excitingly close to Elsternwick Park, Elwood Beach and Point Ormond Lookout.
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:
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