1/122-126 Ormond RoadElwood VIC 3184
Property Details for 1/122-126 Ormond Rd, Elwood
1/122-126 Ormond Rd, Elwood is a 4 bedroom, bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 1254m2. While the property is not currently for sale or for rent, it was last sold in April 2013.
Last Listing description (April 2013)
Hot Investment ??? Boasting a 5.42% return and tenant pays outgoings.
Prime Elwood Village retail premises securely leased to well known Elwood village Thai Restaurant.
??? Tenant has exercised their further option taking the lease to 14/5/2021. Current secure Lease until 14th May 2014 for $59,703.05 per annum plus GST & Outgoings.
??? 3% annual increases.
??? Approx 89sqm
??? Off street parking for 2 cars
Property History for 1/122-126 Ormond Rd, Elwood, VIC 3184
- 12 Apr 2013Sold for $990,000
- 25 Jan 2013Listed for Sale 1100000
- 25 Jul 2008Listed for Sale 48000
Recent sales nearby
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0About Elwood 3184
The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14.0% of total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation.In 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,274 properties. Over the last 5 years, Houses in Elwood have seen a 7.50% increase in median value, while Units have seen a 6.42% increase. As at 31 December 2025:
- The median value for Houses in Elwood is $2,279,837 while the median value for Units is $710,695.
- Houses have a median rent of $625 while Units have a median rent of $580.
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