OFF MARKET

8/109-111 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
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Property Details for 8/109-111 Addison St, Elwood

8/109-111 Addison St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2006
Floor Size
68m2
Local Government
Port Phillip
Lot/Plan
8/PS537639

Last Listing description (September 2022)

On SIte Auction this Sunday | 18 SEP 10AM | Contact Agents for more information.
_______________

Tucked away in a quiet street in Elwood, situated on the first floor, this well placed two-bedroom apartment offers brilliant seaside living, within great proximity to Point Ormond lookout, Elwood Park, Elwood beach, cafes and restaurants.

Delivering contemporary convenience and easy maintenance, the apartment opens into a flexible lounge/dining space, which flows around to the kitchen including stainless steel oven, gas cooktop and dishwasher. Off the lounge/dining area is a wide North-facing balcony, which offers space for both entertaining and relaxing. The main bedroom offers direct balcony access and a built-in robe, with the second bedroom also boasting a built-in robe. Further features include a split-system heating cooling, secure entry and single allocated off-street parking space on title.

Impeccably positioned close to the beach, the residence sits surrounded by local colour and culture, with parklands, the Bay trail, cinemas, Elsternwick Village, and transport (including bus, tram and train services) nearby. Zoned to Elwood Primary School* and Elwood College*, which are both within walking distance.

*Refer to | https://www.findmyschool.vic.gov.au/

To view the due diligence checklist for home and residential property buyers copy link.

https://www.consumer.vic.gov.au/duediligencechecklist.

Photo ID Required at all Inspections.

Property History for 8/109-111 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$741,000
18 Sep 2022
Listed for Rent
$485/w
27 Apr 2022
  • 18 Sep 2022
    Sold for $741,000
  • 18 Aug 2022
    Listed for Sale Auction | $680,000 - $740,000
  • 05 Apr 2022
    Listed for Rent $485 / 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 10,226 properties. Over the last 5 years, Houses in Elwood have seen a 18.69% increase in median value, while Units have seen a 4.54% increase. As at 31 August 2024:

  • The median value for Houses in Elwood is $2,234,169 while the median value for Units is $670,575.
  • Houses have a median rent of $750 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 17 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 508 properties were sold in the past 12 months in Elwood.

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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.