2/402 Barkly St, Elwood is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Apartment sold in Elwood in the last 12 months.
Set quietly at the rear of a boutique block of just seven, this ground-floor residence delivers the scale and separation of a home without the upkeep, in one of Elwood's most tightly held beachfront pockets.
Designed for those not ready to compromise on space, the layout offers a genuine sense of proportion rarely found in apartment living. A north-facing living and dining domain forms the centrepiece, filled with natural light and flowing effortlessly to a large, private courtyard. This is an outdoor space that feels purposeful rather than token, ideal for entertaining, relaxing or simply enjoying the peace and privacy of a rear position.
The kitchen is well-appointed with stone benchtops, an island bench and quality appliances, providing both everyday functionality and a social hub when hosting.
Three bedrooms offer flexibility that will resonate with downsizers wanting room for guests, or professionals working from home. The main bedroom includes a walk-in robe and ensuite, while the additional bedrooms are fitted with built-in robes and serviced by a central bathroom with spa bath.
Comfort is consistent throughout, with split system heating and cooling in every room, while secure entry, two basement car spaces with storage and a separate laundry reinforce the practicality expected at this level.
Positioned directly opposite the foreshore, with Elwood Beach and Point Ormond just moments away, the lifestyle offering is immediate and enduring. Cafés, restaurants and transport are all within easy reach, placing you in the centre of one of bayside Melbourne's most desirable settings.
For those seeking to simplify without downsizing their lifestyle, or secure a premium address without the price point of a standalone home, this is a compelling alternative.
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 10,273 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:
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