1/50 Ormond Rd, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 627m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Elwood in the last 12 months.
The relaxed pace of the exciting Elwood lifestyle is knocking at the door with this ground floor 1BR apartment with rare large courtyard. Infused with modern style throughout it features open plan kitchen/living, BIR's, separate bathroom, Euro laundry, secure intercom entry and a split-system air conditioner, DW. Located in the heart of Elwood Village, the home is ideally placed to enjoy all the advantages of bayside living.
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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 10,275 properties. Over the last 5 years, Houses in Elwood have seen a -0.38% decrease in median value, while Units have seen a 3.91% increase. As at 31 March 2026:
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