SOLD
Sold on 03 Sep 2024 for $670,000

4/88 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 957m2
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Property Details for 4/88 Addison St, Elwood

4/88 Addison St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 957m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
957m2
Local Government
Port Phillip
Lot/Plan
4/RP10817

Last Listing description (November 2024)

With its timeless vibes, classic floorplan, and premium golden mile address, this first-floor apartment is an outstanding opportunity with an abundance of upside in a tightly-held pocket of leafy bayside Elwood, so close to the foreshore you can smell the fresh sea air.

- Central living and dining room filled with natural light
- Separate kitchen with breakfast bar and ample storage

- Undercover balcony for relaxed alfresco enjoyment
- Privately zoned double bedrooms with built-in robes
- Renovate bathroom with laundry taps, and separate w/c in bathroom
- Off street parking, secure intercom entry
- Close to foreshore parkland and cycling/walking trails
- Stroll to the local cuisine and shops of Elwood Village
- Moments to the sunny surrounds of Elwood Beach

Property History for 4/88 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$670,000
03 Sep 2024
  • 03 Sep 2024
    Sold for $670,000
  • 29 Jul 2024
    Listed for Sale Private Sale: $689,000
  • 28 Mar 2017
    Sold for $687,000
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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 10,120 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 15 properties listed for sale, and 11 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 491 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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MCGRATH ST KILDA
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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.