SOLD
Sold on 23 Nov 2023 for $750,000

5/57 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 976m2
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BIGGIN & SCOTT
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Property Details for 5/57 Ormond Esp, Elwood

5/57 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 976m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
80m2
Land Size
976m2
Local Government
Port Phillip
Lot/Plan
5/RP10270

Last Listing description (August 2015)

This wonderfully located, beach front Art Deco apartment is just waiting for you. Sitting opposite Elwood beach and within walking distance to Ormond Rd shops, cafes & restaurants this spacious apartment offers grand entry hall, two double bedrooms both with built in robes and electric wall panel heaters, huge lounge room with gas heater and flooded with natural light.
There is a renovated bathroom with shower over bath, renovated kitchen with gas cook top, electric oven, split system heating and cooling to the main bedroom and Juliette balcony plus european style laundry.
This property has the added bonus of a spectacular communal roof top terrace with both city and beach views plus off street parking for one car. Register your interest NOW!!

AVAILABLE: NOW
PLEASE NOTE: Photo ID will be required to inspect. Open for Inspection Times and Property Availability is subject to change or cancellation without notice, please check the Biggin & Scott website prior to inspection.
Property Code: 1640

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Property History for 5/57 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$750,000
23 Nov 2023
Listed for Rent
$495/w
29 Aug 2015
  • 23 Nov 2023
    Sold for $750,000
  • 01 Jul 2015
    Listed for Rent $495 / week
  • 04 Jun 2006
    Sold for $425,000
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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 10,120 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 11 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 491 properties were sold in the past 12 months in Elwood.

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