16 Wave St, Elwood is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 2005. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Elwood in the last 12 months.
A triumphant showcase of luxury living with an unwavering commitment to quality, this architecturally designed home encapsulates the essence of a luxurious life without compromise. As if lifted off the pages of a glossy magazine, the interior is a work of art, the sense of spaciousness spectacular and the north-facing orientation a rare bonus for Elwood. Crisp, contemporary and excelling for entertaining with a sublime living and dining room, gourmet Bosch kitchen, fully equipped home theater to rival Gold Class, sumptuous master ensuite retreat to rival a five-star hotel, two more bedrooms and bathrooms, powder room and a big study or fourth bedroom - it doesn't get better than this. But yet it does. Bi-fold doors open to two alfresco areas and a stunning red pool - you and your friends will think that you're in a resort when lounging in the sunshine and listening to the sounds of the poolside waterfall. With a striking decor as its focus, it also offers three off-street car spaces, ducted heating and cooling and CCTV security. Elwood Village, the beach, Elsternwick Oval, public transport and Elwood Primary School are all within easy walking distance.
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 10,273 properties. Over the last 5 years, Houses in Elwood have seen a 9.02% increase in median value, while Units have seen a 9.22% increase. As at 30 November 2025:
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