138-140 Ormond Rd, Elwood is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 368m2.
Take beachside Elwood living to lofty new heights thanks to this premium penthouse apartment within the ultra-stylish Elwood Lane Apartments. Boasting a prestigious position above Ormond Road, this up-spec'd home enjoys unbeatable proximity to boutiques and cafes - whilst the foreshore, transport and parks are also just a heartbeat away.
Bought off the plan by the current owners, a myriad of extras have been added resulting in a bespoke abode which is dedicated to indoor/outdoor entertaining - the lively streetscape and vast vistas providing an incredible backdrop. Luxury finishes star throughout, from the marble topped kitchen with European appliances, to expanses of gorgeous French Oak and stunning light fittings, no expense has been spared. While the living and dining zone with gas fireplace is undeniably beautiful, alfresco living doesn't get much better than out on the full-width terrace offering plumbed BBQ gas and the perfect vantage point to watch the day dawn and the sun set.
Including banks of robes to both of the bedrooms, a fully-fitted study and two luxurious fully-tiled bathrooms (one ensuite) this one-of-a-kind home also offers masses of built-in cabinetry, split system heating/cooling, remote blinds and awnings, along with the benefits of secure parking, lift access, video intercom entry and storage cage.
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 10,269 properties. Over the last 5 years, Houses in Elwood have seen a 0.20% increase in median value, while Units have seen a 2.44% increase. As at 30 April 2026:
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