7/8 Pine AvenueElwood VIC 3184
Property Details for 7/8 Pine Ave, Elwood
7/8 Pine Ave, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 624m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.
Last Listing description (August 2020)
First floor bright and sunny apartment comprising of entry with built in cupboards, good sized lounge leading out to balcony, electric heating, one bedroom with built in robes, central bathroom with shower over bath, separate good sized kitchen with gas cooking, communal laundry and off street parking by rear access.
Very close to beach and popular Ormond Road Village shops and restaurants
Property History for 7/8 Pine Ave, Elwood, VIC 3184
- 28 Aug 2024Sold for $410,000
- 24 Jun 2020Listed for Rent $275 / week
- 29 Nov 2019Listed for Rent $290 / 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 10,120 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.
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