5/9 Southey St, Elwood is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.
Be dazzled by the spacious wrap around courtyard and charmed by the iconic Deansgate building this Georgian Style Revival one bedroom apartment is situated in. Close to the serene Botanical Gardens of St Kilda and tucked between the stunning Elwood beach/foreshore and Acland Street shops with its bustle and vibe, this property is set in a tree lined street perfect for morning walks.
A open living/dining room, kitchen with contemporary stainless-steel oven and ceramic cooktop, a bedroom and ensuite tiled bathroom, the inside of the apartment beautifully merges with the outdoor surrounds, where the lure to chill and entertain is heightened by the sheer enormity of the space.
The apartment features:
- 2 Car parks
- Brand new cook top
- Brand new water heater
- A recently installed heater
- In built shelving
- Intercom entry
- Shed
- Apartment has been freshly painted
The approximate rental return is between $440 to $480 per week
The annual administrative levy fees are approximately $1,710 per annum
The annual maintenance levy fees are approximately $380 per annum
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 10,218 properties. Over the last 5 years, Houses in Elwood have seen a 26.56% increase in median value, while Units have seen a 5.79% increase. As at 31 July 2024:
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