1 Byrne AvenueElwood VIC 3184
Property Details for 1 Byrne Ave, Elwood
1 Byrne Ave, Elwood is a 10 bedroom, 10 bathroom Unit with 1 parking spaces. The property has a land size of 485m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (May 2026)
First time offered in 97 years and situated in one of Elwoods most tightly held streets, this older block with delightful facade, of 10 spacious solid brick apartments presents a rare opportunity to acquire an entire residential holding on a single title in a premier bayside location. The solidly constructed building offers large 1 bedroom plus study/sunroom floorplans, neat kitchens and bathrooms, excellent natural light and immediate rental income (approx. $207,000 pa), with scope for refurbishment and rental growth over time. It has a quiet leafy outlook and is located just moments from Elwood Beach and St Kilda Foreshore on Port Phillip Bay, Ormond Road village, transport and parklands, walking and cycling tracks. This is an ideal acquisition for investors seeking a secure, long-term asset in a proven location. Further details available on request. Property Features Carport Space / Storeroom :1Communal Laundry Spaces: 2NBN high Speed is available to all units
Property History for 1 Byrne Ave, Elwood, VIC 3184
- 23 Feb 2026Listed for Sale $4,200,000 - $4,600,000
- 26 Nov 2024Sold for $3,000,000
- 11 Sep 2024Listed for Sale $3,325,000
Recent sales nearby
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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 10,271 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.
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