5/31 Pine AvenueElwood VIC 3184
Property Details for 5/31 Pine Ave, Elwood
5/31 Pine Ave, Elwood is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 552m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Elwood in the last 12 months.
Last Listing description (August 2024)
This boutique development epitomizes luxury, sophistication, and contemporary living with a modern take on art deco style. Designed by Cera Stribley Architects and The Stella Collective, this new home boasts exquisite terrazzo flooring on the ground level, featuring a sleek kitchen with top-notch appliances. The first floor houses two bright bedrooms and a stunning central bathroom with lime-washed American oak floors. The entire third floor is dedicated to the master bedroom, complete with a luxurious ensuite and a private North-facing terrace. Located in Elwood, the property offers a prestigious lifestyle with beach access, walking tracks, and proximity to Ormond Road village amenities.
Property History for 5/31 Pine Ave, Elwood, VIC 3184
- 06 Aug 2024Sold for $1,429,000
- 07 Jun 2024Listed for Sale $1,429,000
- 22 Jan 2024Listed for Sale $1,550,000 - $1,620,000
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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 10,216 properties. Over the last 5 years, Houses in Elwood have seen a 18.69% increase in median value, while Units have seen a 4.54% increase. As at 31 August 2024:
- The median value for Houses in Elwood is $2,234,169 while the median value for Units is $670,575.
- Houses have a median rent of $750 while Units have a median rent of $540.
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