8/16 Avoca Ave, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 862m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
Discover the best of Elwood living with this spacious two-bedroom apartment plus a third bedroom or dining space set among the treetops of this boutique solid-brick block. Positioned on the top floor at the rear of the building for additional peace & privacy, the welcoming interior effortlessly blends modern updates with the space & proportions of its bygone era. Enjoying green vistas throughout, the free-flowing space features a large living area with balcony access & a versatile adjoining dining room/potential third bedroom. The light & bright updated kitchen & meals area is equipped with Miele dishwasher, stainless-steel oven & gas cooktop. Two generous bedrooms feature built-in robes, while a central bathroom offers a separate bath, shower & toilet as well as an adjoining laundry room. Split-system climate control in the living area & master bedroom, video intercom & a lock-up garage behind secure gates complete the features. Revel in an idyllic Elwood lifestyle with the suburb's vibrant village just around the corner as well as renowned St Kilda Botanical Gardens & the stunning Elwood foreshore a short walk away.
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:
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