103/122 Ormond Road Elwood VIC 3184
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HEART OF ELWOOD VILLAGE
Property Details for 103/122 Ormond Rd, Elwood
103/122 Ormond Rd, Elwood is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for rent with Woodards Elsternwick.
About Elwood 3184
The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14.0% of total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% 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 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,272 properties. Over the last 5 years, Houses in Elwood have seen a 17.15% increase in median value, while Units have seen a 8.88% increase. As at 31 October 2025:
- The median value for Houses in Elwood is $2,306,416 while the median value for Units is $696,943.
- Houses have a median rent of $650 while Units have a median rent of $570.
Suburb Insights for Elwood 3184
Market Insights
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