26 Ormond RoadElwood VIC 3184
Property Details for 26 Ormond Rd, Elwood
26 Ormond Rd, Elwood is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 252m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (December 2025)
*Business as Usual*
Presenting buyers with an unrivalled opportunity to live, work and lease in a truly vibrant locale, this combined commercial/residential package comes with two highly visible shopfronts and two apartments all on one title and all with an enviable address in the heart of beachside Elwood.
Both shopfronts face Ormond Road and benefit from substantial foot and vehicle traffic. Each space features a shopfront, office/consultation area, kitchenette, access to bathroom facilities, and parking along with heating/cooling.
Shop 2 (Studio CoBe): 40 sqm (approx.)
The premises are each currently tenanted, with businesses operating as usual.
Both apartments are accessed via Byrne Ave. The upper-level residence has been fitted with new carpets and includes a sunny north-facing lounge and bedroom, dining area, tree-view study, kitchen and bathroom along with split system heating/cooling. The ground-floor apartment features two bedrooms, a lounge, kitchen and bathroom.
With access via Byrne Ave and Ormond Road, along with the bonus of rear laneway access (for potential extra parking), the full 252sqm (approx) site also comes with a good-sized, communal rear yard with secure parking and shared laundry provisions.
And while the existing configuration will appeal as is, there is also the potential to extend up and out, subject to council approval. You may also choose to explore the possibility of reimagining the residential spaces to suit your own needs/requirements, while still enjoying an income from the two ground-floor premises (also STCA).
Property History for 26 Ormond Rd, Elwood, VIC 3184
- 20 Dec 2024Sold for $1,840,000
- 01 Oct 2024Listed for Sale $1,850,000 - $1,950,000
- 02 Dec 2019Listed for Rent $17,500 / year
Recent sales nearby
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0About Elwood 3184
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 10,270 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:
- The median value for Houses in Elwood is $2,183,934 while the median value for Units is $706,747.
- Houses have a median rent of $1,120 while Units have a median rent of $595.
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