1/49 Tennyson StreetElwood VIC 3184
Property Details for 1/49 Tennyson St, Elwood
1/49 Tennyson St, Elwood is a 8 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 455m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2025)
A rare and golden opportunity to acquire four fully renovated Art Deco apartments in a highly coveted and sought-after enclave. These large four two-bedroom, one-bathroom residences each boast spacious living and dining areas, generously renovated modern kitchens with stainless steel appliances, and bathrooms equipped with laundry facilities. Two of the apartments also feature charming balconies nestled among the trees.
Located in a solid boutique building, each unit showcases high decorative ceilings and classic Deco elements, along with fully lock up car spaces with electronic front and rear gates. This investment offers multiple possibilities: Considerable tax depreciation benefits, gross rental income in excess of $150,000 in the first year with existing rental returns. Positioned in one of the most desirable beachside locations. Situated between Ripponlea village and Point Ormond Reserve, and just a short walk from Elwood Beach, Acland Street, St. Kilda Botanical Gardens, and excellent public transport, this area is renowned for its vibrant lifestyle amenities, including a wide range of eateries, boutique stores, bars, cafs, and more.
Property History for 1/49 Tennyson St, Elwood, VIC 3184
- 03 Sep 2024Listed for Sale Contact Agent
- 08 Aug 2024Listed for Rent $675 / week
- 04 Oct 2023Sold for $2,188,888
Recent sales nearby
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0About 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 10,294 properties. Over the last 5 years, Houses in Elwood have seen a -8.65% decrease in median value, while Units have seen a -3.28% decrease. As at 31 July 2026:
- The median value for Houses in Elwood is $2,160,175 while the median value for Units is $688,145.
- Houses have a median rent of $1,100 while Units have a median rent of $600.
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