10/48 Southey Street, Elwood, VIC 3184 sold on 18 August 2025 | OnTheHouse
 
SOLD
Sold on 18 Aug 2025 for $385,000

10/48 Southey Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
Land area: 726m2
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Property Details for 10/48 Southey St, Elwood

10/48 Southey St, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 726m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
726m2
Local Government
Port Phillip
Lot/Plan
19/RP11605

Last Listing description (November 2025)

From its first floor setting filled with natural light, this apartment presents generous dimensions and excellent scope for contemporary renewal befitting its convenient location close to transport links, Tennyson shops and the lifestyle allure of Elwood Village.- Bright and spacious open-plan living and dining area- Kitchen features gas cooking and ample storage- Good sized bedroom with built-in robes- Ensuite bathroom with shower/bath- Allocated off-street car space, secure intercom entry- A short stroll to city-bound trams and Ripponlea Station- Moments to the idyllic surrounds of Clarke St Reserve- Stroll to Elwood's local shops, cafs, bakeries and restaurants- Easy walk or cycle to St Kilda's iconic foreshore local

Property History for 10/48 Southey St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$385,000
18 Aug 2025
Listed for Rent
$270/w
01 Sep 2022
  • 18 Aug 2025
    Sold for $385,000
  • 07 Aug 2025
    Listed for Sale Private Sale: $350,000 - $385,000
  • 13 Jul 2023
    Sold for $340,000
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About Elwood 3184

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 10,272 properties. Over the last 5 years, Houses in Elwood have seen a 17.15% increase in median value, while Units have seen a 8.88% increase. As at 31 October 2025:

  • The median value for Houses in Elwood is $2,306,416 while the median value for Units is $696,943.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 561 properties were sold in the past 12 months in Elwood.

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