SOLD
Sold on 16 Mar 2024 for $775,000

8/12 Avoca Avenue
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 857m2
Sold By
Gary Peer & Associates St Kilda
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Property Details for 8/12 Avoca Ave, Elwood

8/12 Avoca Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 857m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
82m2
Land Size
857m2
Local Government
Port Phillip
Lot/Plan
8/RP2778

Last Listing description (March 2024)

Big, bright & with contemporary appeal, this rear of block, 60's double brick, top floor apartment in a well maintained complex, epitomises the very best of Bayside living. In fact, it's more than just a place to live, enviably situated in a gorgeous tree-lined locale, with easy access to absolutely everything Elwood has to offer, it's an amazing lifestyle opportunity too, Whether you're a young professional wanting to make your mark or a savvy investor seeking high rent returns, you can't look past this solidly built, lock & leave apartment. A dedicated entrance hallway with parquetry flooring & storage greets you on arrival & introduces a stylishly updated kitchen with polished concrete flooring, an abundance of storage & bench space, stainless steel appliances (including dishwasher) & space for meal area. While down the hallway the parquetry flooring continues through to an impressively proportioned living & dining room with built-in cabinetry, large windows luring brilliant natural light while providing a lovely leafy outlook & access to a sun drenched balcony, ideal for relaxing & soaking up the sun. Also featuring two comfortably spacious bedrooms with mirrored built-in robes & a sparkling central bathroom with shower, bath, laundry facilities & a separate toilet. Other features include split system heating/cooling, secure intercom entry, undercover off street parking for one car behind auto front gates & the added advantage of a lock up storage room on the ground level. Perfectly positioned close to St Kilda Botanical Gardens, the beach & vibrant Acland Street & Elwood's shops & cafes

Property History for 8/12 Avoca Ave, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$775,000
16 Mar 2024
Listed for Rent
$600/w
19 Jan 2023
  • 16 Mar 2024
    Sold for $775,000
  • 19 Feb 2024
    Listed for Sale $625,000 - $680,000
  • 10 Jan 2023
    Listed for Rent $600 / 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.