403/122-126 Ormond Rd, Elwood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Elwood in the last 12 months.
Brilliantly conceived and spanning an expansive indoor-outdoor footprint high above Ormond Road Village, this sensational three-bedroom, two-bathroom penthouse with extraordinary bay views sets the benchmark for enviable Elwood living.
Entertainers will celebrate the generous open-plan living and dining zone, headlined by a bold kitchen with stone benches, Smeg cooking appliances and a seamless flow to a vast terrace. This is where the glistening water of Port Phillip Bay and iconic leafy treetops provide an unforgettable backdrop to hosting events, offering an exclusive vantage point to take in the vibrant yet peaceful surroundings. Meanwhile, a stone-clad bathroom serves the bedrooms, each well-removed from the living zone and complete with built-in robes, including the entirely private main suite with a deep walk-in robe and a stone en-suite with twin vanities and a luxurious shower.
Securely accessed via lift and boasting secure basement garage parking for two vehicles plus two further allocated parks on street level (not on title), video entry, reverse-cycle heating/cooling, double glazing, and electric blinds, its substantial size and amenity will please the most discerning buyer. Located steps from Ormond Road cafes, first-class dining, the beach, Elsternwick Park and excellent schools.
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 10,116 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:
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