OFF MARKET

5/18 Spray Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 531m2
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Property Details for 5/18 Spray St, Elwood

5/18 Spray St, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 531m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1973
Floor Size
58m2
Land Size
531m2
Local Government
Port Phillip
Lot/Plan
5/PS642948

Last Listing description (February 2024)

Beach bliss, nature reserve and village lifestyle come pleasantly packaged with this stellar one-bedroom apartment in Melbourne's desirable leafy, bayside pocket. Supremely positioned footsteps from Ormond Road shops and cafes and Elwood Beach. Direct rear access to the Elwood Canal parklands and Elsternwick Nature Reserve. Nearby public transport makes the 9 km trip to Melbourne's CBD a breeze. This secure property which has been tastefully renovated, allows you to move in or lease out, ensuring first-home buyers and investors will not be disappointed.

Bright, fresh and immaculately presented with a bright and spacious living and meals area alongside a modern kitchen with stainless steel appliances, including a Euromaid oven and Dishlex dishwasher. Boasting leafy, tree-top views, the bedroom comes comfortably fitted with built-in robes and is well-serviced by a sparkling bathroom with the efficiency of a shower over bath and laundry facilities.

Featuring an abundance of natural light, newly carpeted flooring, a split system for heating and cooling and a car space.

Enviably located opposite a direct walkway to Ormond Village boasting quaint shops and cafes, Elwood Beach is a short walk, while secure direct rear access to the Elwood Canal walking track makes you feel like you've been transported to the countryside. Bordering bayside suburbs, Brighton to the South and the bustling St Kilda to the north, residents have easy access to the retail, dining and entertainment delights of St Kilda Esplanade, Acland and Fitzroy Streets.

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Property History for 5/18 Spray St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$465,000
26 Aug 2023
Listed for Rent
$350/w
30 May 2017
  • 26 Aug 2023
    Sold for $465,000
  • 21 Jul 2023
    Listed for Sale SOLD
  • 10 Jan 2022
    Listed for Sale $440,000-$460,000
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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 10,223 properties. Over the last 5 years, Houses in Elwood have seen a 3.09% increase in median value, while Units have seen a -1.57% decrease. As at 30 November 2024:

  • The median value for Houses in Elwood is $2,170,997 while the median value for Units is $676,878.
  • Houses have a median rent of $663 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Elwood.

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