1/23 Pine Ave, Elwood is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Elwood in the last 12 months.
Opportunities like this in Elwood's tightly held Golden Mile are incredibly rare.
Beautifully renovated and filled with natural light, this two-bedroom residence delivers the ultimate bayside lifestyle, just moments from the foreshore and the vibrant cafés of Ormond Road.
Privately set behind a remote-gated driveway, the home welcomes you with rich timber floors, soaring ceilings, and a sense of timeless charm. The stunning stone-topped kitchen with premium SMEG appliances is made for effortless entertaining, while the expansive living room, complete with an open fireplace, tranquil garden outlooks, and designer lighting, creates the perfect retreat year-round.
2 bedrooms with built-in robes are complemented by a luxurious renovated bathroom with a full-sized bath.
This is more than an apartment… It's Elwood living at its best.
The size of Elwood is approximately 2.6 square kilometres. There are 14 parks, covering nearly 14.0% of the 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 10,273 properties. Over the last 5 years, Houses in Elwood have seen a 0.20% increase in median value, while Units have seen a 2.44% increase. As at 30 April 2026:
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