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.
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.
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:
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