SOLD
RECENT ADVICE
Sold on 10 Aug 2024 for $741,000

4/7 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 373m2
Sold By
Chisholm & Gamon Property Pty Ltd Elwood
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Property Details for 4/7 Addison St, Elwood

4/7 Addison St, Elwood is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 373m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Townhouse sold in Elwood in the last 12 months.

Building Type
Townhouse
Year Built
1970
Floor Size
61m2
Land Size
373m2
Local Government
Port Phillip
Lot/Plan
8/SP23970

Last Listing description (August 2024)

Streetfront, sun-filled and one of just five, this is a brilliant boutique buy. A rare offering in a small-scale mid-century group, this two bedroom apartment maximises a sunset-view streetfront position with a distinctive half-floor design stretching out along the north to catch all-day sun.

Designed for light and outlooks with a wide front balcony beyond a tall glass-door from the main bedroom and a full-width wall of glass from living, this light filled apartment shines with a quality renovation featuring a European appliance kitchen with dining area, big bright white bathroom (with full bath, separate shower and a private WC), and great storage including streamlined robes and generous hallway closets.

Freshly painted, newly carpeted and reverse-cycle air-conditioned, this polished apartment lights up with quality blinds for every window, secure intercom-entry for peace-of-mind, and carport parking (with secure storage) easily-accessed direct from the street.

This small scale group even comes with a hugely appealing blue-chip address; within easy reach of all of Elwood's lifestyle and just a little further to all that St Kilda has to offer. Just around the corner from St Kilda Botanical Gardens, and 400m to the beachfront and famous Jerry's Milk Bar cafe, there's Ormond Rd's restaurants and shopping within half a dozen blocks and the bars and eateries of the Barkly St/Acland corner within a stroll and Carlisle St tram within an easy walk.

Property History for 4/7 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$741,000
10 Aug 2024
Listed for Rent
$430/w
05 May 2017
  • 10 Aug 2024
    Sold for $741,000
  • 17 Jul 2024
    Listed for Sale $670,000 - $700,000
  • 08 Mar 2017
    Listed for Rent - Price not available
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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 10,222 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 13 properties listed for sale, and 13 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 497 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.