2/45 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

2/45 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 322m2
Land area: 1073m2
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Property Details for 2/45 Ormond Esp, Elwood

2/45 Ormond Esp, Elwood is a 5 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 1073m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1970
Floor Size
322m2
Land Size
1073m2
Local Government
Port Phillip
Lot/Plan
2/RP4491

Last Listing description (January 2019)

With 354sqm of internal living, it won't be hard to look past the vibrant purple carpet or the tired interiors and envisage a life of utter luxury on Elwood's prestigious Golden Mile. Offering breathtaking views from both levels, this extraordinary potential-rich two-storey apartment dishes up an unrivalled opportunity to procure an incredible slice of blue-chip Elwood and truly make it your own.
Fronting Ormond Esplanade and enjoying far-reaching views to the horizon, the apartment has the foundations for a state-of-the-art coastal showpiece in one of Melbourne's most sought-after beachside locales. Although it has seen better days, the home's flexible floorplan with versatile living areas - both upstairs and down - provides plenty of scope & space to accommodate the coastal penthouse of your dreams, or convert to two separate apartments (STCA).
A real blank canvas in every sense of the term, with the changing colours of the seascape creating a matchless backdrop to everyday living, this exciting proposition is just an easy stroll to the attractions of nearby Ormond Road and merely moments to quality schools including Elwood Primary School & Elwood College, Brighton's leading private schools, transport & recreation.

Property History for 2/45 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$1,970,000
18 Nov 2018
  • 18 Nov 2018
    Sold for $1,970,000
  • 26 Oct 2018
    Listed for Sale Not Disclosed
  • 28 Sep 1996
    Listed for Sale Not Disclosed
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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 10,278 properties. Over the last 5 years, Houses in Elwood have seen a -0.38% decrease in median value, while Units have seen a 3.91% increase. As at 31 March 2026:

  • The median value for Houses in Elwood is $2,190,974 while the median value for Units is $709,345.
  • Houses have a median rent of $1,070 while Units have a median rent of $590.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 609 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Cotality Copyright and Legal Disclaimers about Property Data
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.