308/7 Nepean Highway, Elsternwick, VIC 3185 | Property Value & History | OnTheHouse
 
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308/7 Nepean Highway
Elsternwick VIC 3185

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Land area: 1583m2
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Last updated 18 May 2026
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Property Details for 308/7 Nepean Hwy, Elsternwick

308/7 Nepean Hwy, Elsternwick is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 1583m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
2016
Floor Size
88m2
Land Size
1583m2
Local Government
Glen Eira
Lot/Plan
308/PS742542

Last Listing description (January 2025)

This unique property represents not just a residence, but a lifestyle choice, combining modern living with luxury. Whether you're seeking a wise investment or a stylish home for a professional couple, this opportunity in Elsternwick is not to be missed. Secure your place in this vibrant community where every comfort is within reach.

Introducing an exceptional investment opportunity with an Impressive yield that caters to the discerning taste of both investors and professional couples and families. Nestled in the heart of Elsternwick, this two-level north-facing residence is poised to delight.

Property Highlights:

Layout: This residence boasts a well-designed layout with three bedrooms, ensuring ample space for comfortable living.

Bathrooms: Enjoy the convenience of two modern bathrooms and an additional downstairs powder room adding a touch of luxury to your daily routine.

Orientation: Benefit from the abundance of natural light and warmth, as the property is strategically positioned to capture the northern sun.
Parking: Secure your vehicles effortlessly with the provision of two dedicated car spaces, complemented by additional storage space.

Location: Perfectly situated in the bustling hub of Elsternwick, you'll find yourself in close proximity to the station, the beach, and some amazing shopping strips, providing a lifestyle of convenience and leisure.

Features:
Roof top garden /entertaining: sun-filled rooftop garden with barbeques.
Climate Control: Experience year-round comfort with heating and cooling systems that cater to your climate preferences.

Security: Enjoy peace of mind with a secure intercom system, ensuring controlled access to the residence.
Appliances: Revel in the sophistication of integrated appliances, including a Miele fridge and other high-quality amenities that enhance your living experience.

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Property History for 308/7 Nepean Hwy, Elsternwick, VIC 3185

A timeline of how this property has performed in the market
Last Sold
$700,000
13 Dec 2024
Listed for Rent
$680/w
28 Jul 2022
  • 13 Dec 2024
    Sold for $700,000
  • 12 Dec 2024
    Listed for Sale $690,000 - $760,000
  • 12 Jul 2022
    Listed for Rent $680 / week
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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 6,728 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 12 properties listed for sale, and 6 properties listed for rent in Elsternwick on OnTheHouse. According to Cotality's data, 309 properties were sold in the past 12 months in Elsternwick.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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