16/40 Ormond Road, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

16/40 Ormond Road
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 909m2
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Property Details for 16/40 Ormond Rd, Elwood

16/40 Ormond Rd, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 909m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Land Size
909m2
Local Government
Port Phillip
Lot/Plan
16/SP20387

Last Listing description (October 2022)

Loving the light-filled nature of its east-west orientation, this peaceful 1 bedroom 2nd floor security apartment is position-perfect on the edge of Elwood Village.

A heartbeat to humming cafes and heralded boutiques, this solid brick apartment enjoys a relaxed living area, an updated kitchen (with modern appliances including dishwasher) adjacent to a casual meals area, a generous bedroom with built in robes and a coastal contemporary fully tiled bathroom with laundry facilities.

A highlight of the apartment is the sizeable high-span storage room with retractable washing line, perfect for your surfboards or tools. This private pad is complete with an intercom, roller blinds and secure off-street parking.

A golden lifestyle position, excitingly close to the village and all the on-trend cafes and bars on Ormond and Glen Huntly Roads, a block away from a swim at Elwood Beach, stretch the legs at Elsternwick Park, stride along the beautiful Bay Trail, with a choice of transport options at your doorstep taking you to the CBD and beyond.

Footsteps to Elwood Village cafes and convenience
Huge private storage room with retractable washing line
Secure off-street parking
Fabulous first home or investment
Walk to Elwood Beach and Elsternwick Park

Property History for 16/40 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$381,000
12 Oct 2022
  • 12 Oct 2022
    Sold for $381,000
  • 28 Sep 2022
    Listed for Sale Under Offer
  • 25 Jul 2012
    Sold for $291,000
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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 10,270 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:

  • The median value for Houses in Elwood is $2,183,934 while the median value for Units is $706,747.
  • Houses have a median rent of $1,120 while Units have a median rent of $595.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 608 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.