27a Austin Ave, Elwood is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 246m2 and floor size of 86m2.
Tucked away at the rear of just two - if it is privacy and seclusion you are seeking, this beautifully updated two-bedroom unit certainly fits the bill. Idyllically situated on one of Elwood's quiet tree-lined streets, this easy-care home is the perfect first step, delightful downsizer or ideal investment in one of Melbourne's most popular beachside suburbs.
Through a secure entrance, the home opens to a broad living zone which spills out through sliding doors to a bricked, leafy patio - spacious & private, this is an ideal spot for alfresco get-togethers. Inside, the smartly finished kitchen features quality appliances & large walk-in pantry and is highlighted by contemporary finishes including luxe stone benchtops & a striking glass splashback; whilst the adjacent dining area is perfect for casual entertaining.
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 6.25% increase in median value, while Units have seen a 7.70% increase. As at 31 January 2026:
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