2/1 Milton Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
 
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2/1 Milton Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 490m2
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Last updated 5 Jan 2026
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Property Details for 2/1 Milton St, Elwood

2/1 Milton St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 490m2 and floor size of 71m2.

Building Type
Unit
Year Built
1940
Floor Size
71m2
Land Size
490m2
Local Government
Port Phillip

Last Listing description (July 2018)

A tasteful renovation of this beautiful and spacious, two bedroom apartment successfully merges a flawless modern kitchen and bathroom with the classical charm of the interwar period. On the ground floor of this proudly maintained and tightly held block amidst a lush garden setting, the home is an exquisite statement in designer style in one of Elwood's most popular streets.With a remarkable attention to detail, the home's kitchen features stone benches, premium soft close cabinetry with some brilliant storage initiatives and stainless steel appliances, whilst the bathroom is pure indulgence with a heated tile floor and the lounge is warmed by a Heat n Glo gas log fire. Superb period detail, ceiling roses and polished Baltic pine floors enhance the home which also features terrific robes, a pretty deck and usable outdoor space.Rarely offered and always sought after, this attractive block is delightfully positioned in the Poets' Corner of Elwood with terrific local shops and cafes, easy access to Carlisle St, Acland St, Ormond Rd, St Kilda Botanic Gardens, the waterfront and plenty of public transport.

Property History for 2/1 Milton St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$495/w
28 Jun 2018
  • 19 Sep 2019
    Listed for Sale Not Disclosed
  • 22 Jun 2018
    Listed for Rent $495 / week
  • 21 Nov 2016
    Listed for Sale SOLD - Price Withheld
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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 10,271 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:

  • The median value for Houses in Elwood is $2,262,936 while the median value for Units is $713,365.
  • Houses have a median rent of $628 while Units have a median rent of $575.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 573 properties were sold in the past 12 months in Elwood.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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