SOLD
Sold on 24 May 2024 for $651,000

8/6 May Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Sold By
RT Edgar Elwood
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Property Details for 8/6 May St, Elwood

8/6 May St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
69m2
Local Government
Port Phillip
Lot/Plan
8/PS801385

Last Listing description (June 2024)

Peacefully positioned on the first floor at the rear, this stunning, renovated older style apartment oozes Art Deco period charm whilst showcasing a designer renovation.
Comprising inviting entrance hall, 2 generous bedrooms with BIR's, modern and spacious bathroom with laundry facilities, open plan kitchen, stone benches, gas ct/elec oven, DW - Island bench/breakfast bar and a sunfilled living /dining area leading out to a covered private balcony.

Ideally located within moments to Tennyson Street shops, Elwood Village cafes, St Kilda Botanical Gardens, Ripponlea village and Brighton Road trams for easy CBD access.

Inspect as advertised or by private appointment

Property History for 8/6 May St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$651,000
24 May 2024
Listed for Rent
$425/w
21 Oct 2021
  • 24 May 2024
    Sold for $651,000
  • 04 Apr 2024
    Listed for Sale $640,000 - $690,000
  • 21 Jun 2021
    Listed for Rent $425 / 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 10,218 properties. Over the last 5 years, Houses in Elwood have seen a 26.56% increase in median value, while Units have seen a 5.79% increase. As at 31 July 2024:

  • The median value for Houses in Elwood is $2,305,460 while the median value for Units is $673,116.
  • Houses have a median rent of $820 while Units have a median rent of $530.
There are currently 12 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 495 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.