2/40 Ormond Road, Elwood, VIC 3184 sold on 12 March 2025 | OnTheHouse
 
SOLD
Sold on 12 Mar 2025 for $316,500

2/40 Ormond Road
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 909m2
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Property Details for 2/40 Ormond Rd, Elwood

2/40 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 60m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
909m2
Local Government
Port Phillip
Lot/Plan
2/SP20387

Last Listing description (July 2025)

This ground floor apartment is perfectly positioned for every lifestyle treat!
A short walk to the beach, plus all the fabulous cafes and shops are on your doorstep.
A first home to add your own flair or ideal investment opportunity.

Security entrance
Open plan kitchen and living room
Double bedroom with built in robes
Bathroom with laundry facilities
Reverse cycle heating and cooling
Secure car park on title

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Property History for 2/40 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$316,500
12 Mar 2025
Listed for Rent
$330/w
26 Jun 2023
  • 12 Mar 2025
    Sold for $316,500
  • 30 Jan 2025
    Listed for Sale Not Disclosed
  • 01 Mar 2024
    Listed for Rent $330 / week
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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 10,273 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:

  • 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 18 properties listed for sale, and 9 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 556 properties were sold in the past 12 months in Elwood.

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Chisholm & Gamon - Elwood
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