OFF MARKET

5/18 Pine Avenue
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 613m2
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Last updated 11 Nov 2024
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Property Details for 5/18 Pine Ave, Elwood

5/18 Pine Ave, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Land Size
613m2
Local Government
Port Phillip
Lot/Plan
5/SP25806

Last Listing description (July 2016)

Located in a tranquil leafy street, magnificently positioned within meters to Elwood Village with its vibrant shops and cafes, and the popular and fully patrolled Elwood Beach. In a boutique block of twelve, this apartment provides an excellent investment, and also an outstanding opportunity for buyers searching for a residence in this thriving and iconic inner bayside location. Bathed in northern light, this first floor apartment has been fully refurbished. It comprises a bright lounge room, functional kitchenette, one bedroom with a leafy aspect and excellent storage facilities.
Features excellent security, polished wooden floorboards and off street car parking. This fabulous apartment is also within walking distance to Elsternwick Park, a public golf course and city transport.
Get in quick, as inspections are by appointment or as advertised.

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Property History for 5/18 Pine Ave, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$413,000
08 Jul 2016
Listed for Rent
$341/w
12 Apr 2016
  • 08 Jul 2016
    Sold for $413,000
  • 10 May 2016
    Listed for Sale Contact Agent
  • 15 Mar 2016
    Listed for Rent $341 / week
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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 10,123 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 10 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 496 properties were sold in the past 12 months in Elwood.

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