403 Kooyong Rd, Elsternwick is a 8 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 900m2.
A premier development opportunity, set behind a unique, towering faade and offered for the first time in over 50 years, this block of 4 Victorian apartments represents an unprecedented development opportunity on a generous and elevated garden allotment of 900 square metres (approx.) with ample side / rear car access (via ROW).
Beyond its historically significant street presence, the building is suited to a landmark renovation, a creative extension or a complete rebuild for a hugely rewarding multi-residential destiny (all STCA).
Character-filled and generously scaled under soaring ceilings, with updated kitchens, multiple living rooms and a communal laundry, the apartments are each functional and capable of generating rental returns while you finalise your plans.
This is an evergreen urban position to reward your vision near all the thriving cafes, cosmopolitan dining, bars, shopping and cinemas of Glen Huntly Road, while the sleepier charms of Gardenvale are also just a couple of minutes away. Wonderfully serviced by Glen Huntly Road trams, trains from either Elsternwick, Glen Huntly or Gardenvale Railway Stations, this is a location that also offers easy commuting to both the CBD and elite private schools.
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 6,729 properties. Over the last 5 years, Houses in Elsternwick have seen a -0.46% decrease in median value, while Units have seen a 1.73% increase. As at 28 February 2026:
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