SOLD
Sold on 15 Jun 2024 for $680,000

8/16 Avoca Avenue
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 862m2
Sold By
Gary Peer & Associates Carnegie
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Property Details for 8/16 Avoca Ave, Elwood

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.

Building Type
Unit
Year Built
1970
Floor Size
86m2
Land Size
862m2
Local Government
Port Phillip
Lot/Plan
8/RP4808

Last Listing description (June 2024)

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.

Property History for 8/16 Avoca Ave, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$680,000
15 Jun 2024
Listed for Rent
$500/w
02 Aug 2019
  • 15 Jun 2024
    Sold for $680,000
  • 21 May 2024
    Listed for Sale $600,000 - $660,000
  • 01 Jul 2019
    Listed for Rent $500 / 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.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 487 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.