1 Horne Street, Elsternwick, VIC 3185 | Property Value & History | OnTheHouse
OFF MARKET

1 Horne Street
Elsternwick VIC 3185

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 467m2
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Property Details for 1 Horne St, Elsternwick

Building Type
Commercial
Land Size
467m2
Local Government
Glen Eira

Last Listing description (September 2021)

OVERVIEW

+ A simply outstanding 613sqm* Elsternwick landholding with 20m* of exposure to Horne Street & Glen Huntly Road

+ Improved with two retail buildings (three shops) & potential to generate strong income

+ Genuine potential for a multi-level mixed use development with encouraging surrounding height precedent being achieved (up to 12 levels*)

LOCATION

+ Located in one of Melbourne's best lifestyle precincts, adjacent Elsternwick Station, Tram Stop & a short walk to Elsternwick's trendy cafes, eateries & boutique retailers

+ In direct proximity to the much anticipated Woolworths mixed use development, Railway Plaza Development and Elsternwick Cultural Precinct, all set to provide a major injection of foot traffic to the irreplaceable position

+ Unprecedented potential for investors, developers and occupiers to design and deliver a central and iconic Elsternwick project

Private Sale

For further information, please contact the exclusive sales and marketing agents at CBRE Melbourne:

Rorey James
+61 439 400 081

Nic Hage
+61 448 782 594

Julian White
+61 422 764 137

Jing Jun Heng
+61 411 059 116

Property History for 1 Horne St, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Listed for Rent
$3.83k/w
02 Mar 2021
  • 02 Sep 2021
    Listed for Sale Contact Agent
  • 15 Apr 2019
    Listed for Rent - Price not available
  • 09 Nov 2018
    Listed for Sale Not Disclosed
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About Elsternwick 3185

The size of Elsternwick is approximately 2.6 square kilometres. There are 4 parks, covering nearly 3.6% of the total area. The population of Elsternwick in 2016 was 10349 people. By 2021 the population was 10887 showing a population growth of 5.2% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation.In 2021, 58.80% of the homes in Elsternwick were owner-occupied compared with 61.10% in 2016.

Elsternwick has 6,753 properties. Over the last 5 years, Houses in Elsternwick have seen a -3.89% decrease in median value, while Units have seen a -4.06% decrease. As at 30 April 2026:

  • The median value for Houses in Elsternwick is $2,218,389 while the median value for Units is $683,692.
  • Houses have a median rent of $975 while Units have a median rent of $595.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Elsternwick on OnTheHouse. According to Cotality's data, 309 properties were sold in the past 12 months in Elsternwick.

Suburb Insights for Elsternwick 3185

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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.