SOLD
Sold on 22 May 2024 for $680,000

7/44 Wave Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 77m2
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Sold By
Chisholm & Gamon Property Pty Ltd Elwood
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Property Details for 7/44 Wave St, Elwood

7/44 Wave St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
77m2
Local Government
Port Phillip
Lot/Plan
7/PS618303

Last Listing description (July 2024)

Space, comfort and style come together in one smartly-presented low maintenance package at this light-filled 2-bedroom apartment just footsteps to the attractions of Ormond Road.
Nestled on the top floor of a securely gated group in a quiet low-traffic pocket, the carefree base has been enhanced by the inclusion of chic wide-board floors which flow seamlessly throughout the home's social areas. Accommodation itself includes a spacious canal-view lounge & balcony, a large well-equipped kitchen with room for a table/relaxed meals and two robed & carpeted bedrooms - both of generous proportions.
A bright modern bathroom/laundry and separate WC are also offered along with split system heating/cooling, secure intercom entry and gated parking. Close to the beach for endless enjoyment, this prized address is within moments of Elwood Primary School and Secondary College, a fabulous array of cafes & restaurants, boutique shopping and parks. City-bound trams on nearby Brighton Road are easily accessible - as are trains at both Elsternwick and Ripponlea stations for a stress-free workday commute.

Property History for 7/44 Wave St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$680,000
22 May 2024
Listed for Rent
$500/w
27 Jan 2023
  • 22 May 2024
    Sold for $680,000
  • 09 Feb 2024
    Listed for Sale Contact Agent
  • 18 Jan 2023
    Listed for Rent $500 / 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 10,218 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:

  • The median value for Houses in Elwood is $2,305,460 while the median value for Units is $673,116.
  • Houses have a median rent of $820 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 495 properties were sold in the past 12 months in Elwood.

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