1A Foam StreetElwood VIC 3184
Property Details for 1a Foam St, Elwood
Last Listing description (December 2025)
An exciting opportunity to make your mark in beautiful beachside Elwood, this potential-rich and extremely versatile offering is ready for its next incarnation. With GRZ1 zoning and no heritage overlay - and having served as both a home and a childcare centre - its future is now yours to decide!
Situated in quiet tree-lined Foam Street just moments to the suburb's schools, shops, cafes, transport and beach, the generous allotment of approx. 393.5sqm is perfectly positioned for families, lifestyle buyers and everyone in between.
The existing building is currently fitted out to accommodate a childcare service and includes flexible open plan spaces, offices/bedrooms as well as bathroom and kitchen facilities. A clever renovation could transform the building back into a more-than satisfying family home but the property's real appeal for many could just be the land itself.
Property History for 1a Foam St, Elwood, VIC 3184
- 12 Jul 2024Sold for $1,800,000
- 26 Jun 2024Listed for Sale Not Disclosed
- 28 Sep 2023Listed for Sale $2,150,000 - $2,300,000
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0About 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 10,272 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.
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