47 Elstone Avenue, Airport West, VIC 3042 sold on 06 July 2026 | OnTheHouse
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Sold on 06 Jul 2026 for $1,275,000

47 Elstone Avenue
Airport West VIC 3042

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 697m2
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Property Details for 47 Elstone Ave, Airport West

47 Elstone Ave, Airport West is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 697m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom House sold in Airport West in the last 12 months.

Building Type
House
Land Size
697m2

Last Listing description (July 2026)

A rare opportunity to secure a prime land-value site in one of Airport West's most tightly held pockets. Positioned on 697m² (approx.), this property is best suited to builders, developers, and KDR buyers seeking a well-located site with strong future potential, subject to council approval.
The existing dwelling is offered in its current condition and primarily suited as a knock-down. Buyers are encouraged to undertake their own due diligence in relation to redevelopment potential, design outcomes and feasibility. Importantly, the property is not affected by the Melbourne Airport Environs Overlay (MAEO).
A key differentiator in this location that supports a broader range of future built form outcomes when compared to surrounding properties, subject to the Moonee Valley Planning Scheme and council approval (STCA). With generous dimensions and favourable fundamentals, the site lends itself to a range of potential redevelopment or KDR scenarios (STCA). Clean, unconstrained land opportunities of this size and positioning are becoming increasingly scarce in Airport West, driving sustained interest from active builders and developers alike.

Airport West continues to strengthen as a premium inner-northwest location, offering direct access to the Western Ring Road, Essendon DFO, major retail and amenity, parklands, and key transport links to Melbourne's CBD and the airport precinct. Demand in this corridor is underpinned by established infrastructure, consistent buyer depth, and ongoing urban transformation. This is a strategy-led acquisition, ideal for parties seeking to capitalise on land availability in a suburb where redevelopment sites are tightly held and rarely traded.
Key Highlights
• Approx. 697m² landholding
• MAEO-free site
• Offered primarily for land / redevelopment / KDR value
• Existing dwelling in current condition
• Housing Choice & Transport Zone (HCTZ2) with applicable overlays
• Close to major retail, transport and arterial road networks
• Development potential subject to council approval (STCA)

Property History for 47 Elstone Ave, Airport West, VIC 3042

A timeline of how this property has performed in the market
Last Sold
$1,275,000
06 Jul 2026
Listed for Rent
$340/w
21 Feb 2018
  • 04 Jul 2026
    Sold for $1,275,000
  • 05 Jun 2026
    Listed for Sale UNDER CONTRACT $1,275,000
  • 21 Dec 2017
    Listed for Rent - Price not available
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About Airport West 3042

The size of Airport West is approximately 3.9 square kilometres. There are 15 parks, covering nearly 7.1% of the total area. The population of Airport West in 2016 was 7564 people. By 2021 the population was 8173 showing a population growth of 8.0% in the area during that time. The predominant age group in Airport West is 30-39 years. Households in Airport West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Airport West work in a professional occupation.In 2021, 69.80% of the homes in Airport West were owner-occupied compared with 70.70% in 2016.

Airport West has 5,459 properties. Over the last 5 years, Houses in Airport West have seen a 4.52% increase in median value, while Units have seen a 15.56% increase. As at 31 July 2026:

  • The median value for Houses in Airport West is $1,039,554 while the median value for Units is $767,259.
  • Houses have a median rent of $620 while Units have a median rent of $610.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Airport west on OnTheHouse. According to Cotality's data, 272 properties were sold in the past 12 months in Airport west.

Suburb Insights for Airport West 3042

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Jordan Psaltis
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Pierre Hadchiti
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HPG Estate Agents
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.