17 Gladstone Parade, Elsternwick, VIC 3185 | Property Value & History | OnTheHouse
OFF MARKET

17 Gladstone Parade
Elsternwick VIC 3185

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 17 Gladstone Pde, Elsternwick

17 Gladstone Pde, Elsternwick is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. While the property is not currently for sale or for rent, it was last sold in July 2000.

Building Type
House
Year Built
1955
Local Government
Glen Eira
Lot/Plan
1/TP236985

Last Listing description (February 2026)

PREMIER REDEVELOPMENT OPPORTUNITY - OFFERED FOR THE FIRST TIME IN 25 YEARS

Positioned on Elsternwick's most prestigious residential street amongst multimillion-dollar period mansions, this magnificent redevelopment opportunity presents itself for the first time in a quarter century.
The level 780m site boasts an impressive 18.2m frontage to Gladstone Parade, perfectly positioned for its next illustrious chapter. Currently offered with endorsed plans for two ultra-luxurious high-end town residences, each featuring three bedrooms, study and separate study alcove, three bathrooms, expansive living and garden areas, elevator access, and ample off-street parking.
The existing home is presented in neat, comfortable order and is leased to an established tenant, providing holding income while you plan your vision.

This is more than a development site it's a rare opportunity to create something extraordinary in one of Melbourne's most coveted addresses. The location speaks for itself: footsteps to Wesley Junior College, Hopetoun Gardens, Glenhuntly Road's fashionable cafes and boutiques, citybound transport, and everything this premier bayside locale offers.
Whether you're a discerning developer seeking a blue-chip opportunity or an astute investor recognizing exceptional potential, 17 Gladstone Parade represents a once-in-a-generation offering.
To review endorsed plans and discuss next steps, please contact Bill Stavrakis.

Property History for 17 Gladstone Pde, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$505,000
31 Jul 2000
  • 17 Feb 2026
    Listed for Sale $2,700,000 - $2,970,000
  • 03 Sep 2019
    Listed for Rent $625 per week
  • 24 Oct 2017
    Listed for Rent - Price not available
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About Elsternwick 3185

The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of 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 6,730 properties. Over the last 5 years, Houses in Elsternwick have seen a -7.03% decrease in median value, while Units have seen a -0.69% decrease. As at 31 March 2026:

  • The median value for Houses in Elsternwick is $2,143,905 while the median value for Units is $705,552.
  • Houses have a median rent of $920 while Units have a median rent of $595.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Elsternwick on OnTheHouse. According to Cotality's data, 302 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.