SOLD
Sold on 27 Nov 2023 for $440,000

7/37 Ruskin Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 622m2
Sold By
Costa Karabatsos
Belle Property St Kilda
Shar Claridge
Belle Property St Kilda
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Property Details for 7/37 Ruskin St, Elwood

7/37 Ruskin St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 622m2 and floor size of 55m2. 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
1970
Floor Size
55m2
Land Size
622m2
Local Government
Port Phillip
Lot/Plan
7/SP26943

Last Listing description (January 2024)

Situated in one of Elwood's most picturesque tree-lined streets, this first-floor apartment offers a well-rounded living experience in a small boutique block.

Perfect for first-time buyers, investors, or those drawn to the bayside lifestyle, the location is undeniably appealing. Just a short stroll away is local favorite Jerry's Milk Bar, effervescent Elwood Village, sandy beaches, and a network of walking, jogging and bike trails to keep fit and active. Moreover, Brighton Road trams are conveniently nearby, making city commutes effortless.

The interior showcases a generously sized living and dining room illuminated by a large picture window next to the kitchen. This window not only amplifies the rooms spacious feel but also frames leafy views. The updated kitchen is fitted with stainless-steel appliances paired with aqua blue subway-tiled splashbacks, adding a reminder of its bayside proximity. The two bedrooms are both amply proportioned, fitted with built-in robes, and share a refurbished bathroom with a combined shower and bath setup.

This impeccable starting point to your property journey or stellar addition to a property portfolio also features a car space, split-system air conditioner and communal laundry facilities.

Property History for 7/37 Ruskin St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$440,000
27 Nov 2023
Listed for Rent
$350/w
11 May 2021
  • 27 Nov 2023
    Sold for $440,000
  • 04 Sep 2023
    Listed for Sale Contact Agent
  • 21 Apr 2021
    Listed for Rent $350 / week
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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 10,155 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 16 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 499 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.