5/28 Pine Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 617m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
Jump into an Elwood way of life and relish the boutique exclusivity offered by this bright apartment located in a small, refurbished building of just six homes. Boasting a premium address between the village and the bay, it offers the option to enjoy the comfortable interiors or enhance & modernise to suit your personal taste and today's contemporary style.
Practical and very functional, the light-filled accommodation comprises an inviting lounge and dine-in kitchen together with two generous bedrooms both benefiting from fitted robes. A large bathroom offering a bath and space for a washing machine is also included while split system heating/cooling and the sought-after highlight of an allocated off-street parking space round off the carefree package.
Everyone wants to live beside the seaside and given the choice we would all like to do it in Elwood! Steps to the foreshore parklands and soft sandy beach, close to buses, boutiques and gourmet food providores, there is also dining galore nearby and Elsternwick's larger retailers & station within easy reach.
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:
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