OFF MARKET

8/12 Southey Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 755m2
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Last updated 11 Nov 2024
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Property Details for 8/12 Southey St, Elwood

8/12 Southey St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 755m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1962
Floor Size
90m2
Land Size
755m2
Local Government
Port Phillip
Lot/Plan
8/SP21684

Last Listing description (May 2023)

Perched atop the highest floor in a central Elwood enclave only metres from the Saint Kilda Botanical Gardens, purchasers will find low-maintenance living suitably enhanced by fantastic amenity options, with immediate access to some of Melbourne's best bars, cafes, and restaurants.

Awash in natural light, hardwood parquetry connects two bedrooms with a central lounge & sunlit balcony for indoor-outdoor options. Fitted with the standards of modern convenience, the kitchen offers generous storage space and an adjoining meals area.

Delightfully simple in function and fashion, features include two split-system A/C's, BIR in both bedrooms & ceiling fan in the main bedroom, laundry options in the bathroom and guest powder room.

Property History for 8/12 Southey St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$600,000
22 Oct 2022
  • 04 Apr 2023
    Listed for Sale Sold
  • 22 Oct 2022
    Sold for $600,000
  • 29 Sep 2022
    Listed for Sale Sold

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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 10,123 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 15 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 496 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.