4 Electra Ave, Ashwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960.
Positioned in a quiet, tightly held street in the heart of Ashwood, this exceptional 700sqm (approx.) A flat, south-facing rear block presents an outstanding opportunity for builders, developers, or families looking to create their dream home from the ground up.
Offering a generous, level allotment with excellent proportions, this property is the ideal foundation for a luxury new build or full-scale redevelopment (STCA). The existing three-bedroom, one-bathroom, one-car residence is original and well-maintained, however the true value lies in the land and future potential.
Set in a highly convenient and family-friendly location, you are just moments from Ashwood High School, quality local primary schools, and within easy reach of Jordanville railway station for seamless city access. Everyday amenities, parklands, and shopping precincts are all close by, enhancing the lifestyle appeal of this sought-after pocket.
With a flat, usable block, wide appeal for redevelopment, and a quiet street setting, this is a rare chance to secure a substantial landholding in a high-demand suburb and capitalise on strong long-term growth.
Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
The size of Ashwood is approximately 2.6 square kilometres. There are 11 parks, covering nearly 12.8% of the total area. The population of Ashwood in 2016 was 6886 people. By 2021 the population was 7154 showing a population growth of 3.9% in the area during that time. The predominant age group in Ashwood is 30-39 years. Households in Ashwood are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashwood work in a professional occupation.In 2021, 60.40% of the homes in Ashwood were owner-occupied compared with 59.40% in 2016.
Ashwood has 3,750 properties. Over the last 5 years, Houses in Ashwood have seen a -6.77% decrease in median value, while Units have seen a 6.75% increase. As at 31 July 2026:
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