1/40 Ormond Road, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

1/40 Ormond Road
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 909m2
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Property Details for 1/40 Ormond Rd, Elwood

1/40 Ormond Rd, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 909m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last transferred in March 2020.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
909m2
Local Government
Port Phillip
Lot/Plan
1/SP20387

Last Listing description (July 2017)

If you've entertained the idea of living in Elwood and love the feel of having an amazing alfresco area, then this apartment is definitely the one for you. The terrific one-bedder comes with the very rare inclusion of a colossal north-facing courtyard that's almost as generous as the interior. It's an idyllic spot to catch up with friends over lazy summer barbeques or relax in the sunshine on the surrounding timber seating with a morning coffee or after-work glass of wine. That's when you're not enjoying all the delights of this cool location in the heart of Elwood's lifestyle vibrancy with transport, cafes, restaurants, shops and the beach just a stone's throw away. Protected by secure intercom entry, the apartment also features good-size living/dining, granite kitchen, mirrored bedroom robes, laundry taps, timber floors, panel heater and a car space.

Julian Cannata : 0424 717 913

Property History for 1/40 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Transferred
27 Mar 2020
Listed for Rent
$310/w
20 Jun 2017
  • 27 Mar 2020
    Transferred
  • 19 May 2017
    Listed for Rent $310 / week
  • 22 Feb 2017
    Sold for $470,000
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About Elwood 3184

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 10,274 properties. Over the last 5 years, Houses in Elwood have seen a -2.82% decrease in median value, while Units have seen a 0.45% increase. As at 31 May 2026:

  • The median value for Houses in Elwood is $2,236,931 while the median value for Units is $702,432.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 20 properties listed for sale, and 17 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 609 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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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.