SOLD
Sold on 28 Oct 2023 for $995,000

5/5 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 1342m2
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Sold By
Claudio Perruzza
BIGGIN SCOTT ST KILDA / ELWOOD
Luca Perruzza
BIGGIN SCOTT ST KILDA / ELWOOD
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Property Details for 5/5 Ormond Esp, Elwood

5/5 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1342m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
75m2
Land Size
1342m2
Local Government
Port Phillip
Lot/Plan
5/SP36916

Last Listing description (October 2023)

Fall in love with the style, the renovation, the space, and the location when you visit one of the most beautiful apartments that you will see.

Ground floor and with its own entry you will be greeted by large gardens both front and side, much like a house and perfect for friends and brilliant summer nights. Once inside the period charm combined with the brilliant contemporary transformation and perfect presentation will make you say yes with its calming feel, top class kitchen and bathroom, living room with open fire, 2 bedrooms, the master huge, hydronic heating, plantation shutters, oak floorboards and features aplenty.

Ample storage both in and out, easy access to the secure carpark is all yours and then on the outside, picturesque Elwood beach, perfect for a morning jog or evening stroll, Elwood delights- Ormond Road, St Kilda attractions not far all offering cosmopolitan living at its very best.

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Property History for 5/5 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$995,000
28 Oct 2023
Listed for Rent
$525/w
07 Jan 2021
  • 28 Oct 2023
    Sold for $995,000
  • 27 Sep 2023
    Listed for Sale $900,000 - $950,000
  • 25 Jun 2022
    Sold for $810,000
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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 10,222 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.
There are currently 13 properties listed for sale, and 13 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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