2/7 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 1344m2
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Last updated 6 Apr 2026
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Property Details for 2/7 Ormond Esp, Elwood

2/7 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1344m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.

Building Type
Unit
Year Built
1930
Floor Size
70m2
Land Size
1344m2
Local Government
Port Phillip
Lot/Plan
2A/SP36916

Last Listing description (September 2023)

Stylishly & renovated 2 bedroom, ground floor apartment in gorgeous Art Deco block. No expense has been spared with this quality renovation, comprises security entry with private landscaped courtyard, lounge with air conditioning, large main bedroom with built in robes and air conditioning, smaller second bedroom with built in robes ideal for study or nursery, designer bathroom & kitchen with gas stove, dishwasher, pantry and reconstituted stone benches, extra storage, separate laundry, security film on windows, ducted heating, air conditioning in lounge and master bedroom, secure off street parking, and fortnightly cleaning inclusive in the rental!!!
All this just across the road from the beach and moments to transport, Ormond Road & Acland Street cafes, shops & restaurants.

Property History for 2/7 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Transferred
03 Feb 2023
Listed for Rent
$650/w
14 Sep 2023
  • 04 Sep 2023
    Listed for Rent $650 / week
  • 03 Feb 2023
    Transferred
  • 06 Apr 2020
    Listed for Rent $510 / 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 10,280 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 18 properties listed for sale, and 13 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 603 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.