SOLD
Sold on 22 Apr 2024 for $300,000

8/57 Southey Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 792m2
Sold By
Chisholm & Gamon Property Pty Ltd Elwood
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Property Details for 8/57 Southey St, Elwood

8/57 Southey St, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 792m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1960
Land Size
792m2
Local Government
Port Phillip
Lot/Plan
27/PS333175

Last Listing description (August 2024)

Tastefully updated one bedroom apartment on the first floor, attracting an abundance of light with a highly desirable open-plan layout. Offering off street parking, sociable open-plan modern kitchen with breakfast bar for dining, stainless steel appliances including gas stove, bedroom with leafy outlook & mirrored robes, fresh separate bathroom, floating floor, communal laundry & an enviable Elwood position. Moments to Ripponlea Village, tram & train, Tennyson St shops, Elwood Farmer's market, the beach & more.

Property History for 8/57 Southey St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$300,000
22 Apr 2024
Listed for Rent
$280/w
22 Dec 2021
  • 22 Apr 2024
    Sold for $300,000
  • 01 Feb 2024
    Listed for Sale $300,000
  • 16 Dec 2021
    Listed for Rent $280 / 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 10,101 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 14 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 479 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.