23 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

23 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 6
Bathrooms: 5
Car spaces: 3
Land area: 630m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 5 Jan 2026
Low

High
Save

Property Details for 23 Ormond Esp, Elwood

23 Ormond Esp, Elwood is a 6 bedroom, 5 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 630m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1920
Land Size
630m2
Local Government
Port Phillip
Lot/Plan
17/LP6721

Last Listing description (May 2016)

Substantial family beachfront homes of this calibre on 650m2 (approx) sites are incredibly rare on the prized Port Phillip (Port Melbourne-Elwood) strip. Now offered for sale for the first time in almost 30 years this wonderful circa 1920s solid brick mansion has had only two former custodians. Its unique positioning on the utmost section of Point Ormond on Ormond Esplanade, captures one of the most panoramic bay views possible. An extensive recent and aesthetically sympathetic, renovation fuses contemporary design with intact period detailing. The spatially brilliant, multi-zoned interior designed by Richard Swansson Architects, affords practical family living, effortless entertaining and unobstructed bay vistas from main rooms.
Accommodation boasts up to 7 bedrooms, 5.5 bathrooms, a vast kitchen/living/dining room with sunken lounge, alfresco BBQ terrace, separate study, 2 further living rooms, 2 laundries and a sunroom. Spaces enjoy a sense of generosity, lofty ceilings and consistent high quality specifications inclusive of red gum timber/wool carpet underfoot, rain showers, Quantum Quartz benchtops and expansive soft-close cabinetry. The ground floor is designed to provide a flexible fully self-contained, accessible 1, 2 or 3 bedroom unit, replete with private entry, living area, kitchenette, bathroom with separate WC and laundry: an ideal solution for housing multiple generations, in-laws, an Au Pair, a tenant or office.
Enviable features in the 5.5m+ kitchen are induction cooktop, 3 ovens - 2 standard, 1 steam, vegie spray tap, 3 Fisher & Paykel DishDrawers , sculptural Schweigen rangehood and breakfast bar; the master suite's retreat-style ensuite, WIR and North facing private rear balcony; and the ultimate window seating for ocean and sunset gazing. Eco-friendly double-glazed windows, solar panels, an underground water tank, fans and roller blinds combine to produce a constant ambient temperature and low utility costs. Hydronic heating, A/C, amazing acoustics, music zoning, a pop-up flat screen TV/home theatre, gym and rooftop deck (both with 360 views) are just some of this homes attributes.

Living opposite a sandy beach and iconic kiosk/cafe, with nearby sailing and Surf Life Saving Clubs, you'll relish the external heated shower and storage space for a boat, water sports and beach gear. OSP (3 cars), north-facing rear garden (swimming pool ready) and the short walk/cycle to excellent schools and local shops and eateries, cap off this inviting property.

Property History for 23 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$5,200,000
24 Nov 2015
  • 24 Nov 2015
    Sold for $5,200,000
  • 28 Oct 2015
    Listed for Sale Contact Agent
  • 01 Nov 1986
    Sold for $210,000
Commute Calculator

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 10,272 properties. Over the last 5 years, Houses in Elwood have seen a 7.50% increase in median value, while Units have seen a 6.42% increase. As at 31 December 2025:

  • The median value for Houses in Elwood is $2,279,837 while the median value for Units is $710,695.
  • Houses have a median rent of $625 while Units have a median rent of $580.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 578 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

Market Insights
Elwood Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Elwood Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.