Property Details for 292 Barkly St, Elwood
292 Barkly St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.
Last Listing description (October 2018)
AUCTION THIS FRIDAY!
Harose c.1939 Complete Block of Pre-War Grandeur
Architecturally notable, superbly solid and set on around 962sqm at an iconic beachside address, this whole-group opportunity is unique on every level. Almost never offered and certainly never available at this level of quality, the offering of Harose c.1939 represents a unique opportunity to acquire an entire group of four separately-titled apartments for investment, development, individual resale or a combination of all three. With a current rental return of $124,800pa, this grand group will even pay its way while you decide on an approach.
Grandly scaled and smartly positioned in a two-up, two-down configuration with separately-titled garaging and substantial rear open space from a wide bluestone lane, each gas-heated apartment offers a similar two bedroom floorplan with wide hallways opening through arched bevelled-glass doors to gracious separate lounge and dining rooms, a stylish stainless-steel appliance kitchen with meals, and a respectfully restored bathroom with vintage tiling and terrazzo floor.
Built to an extravagant standard right before the deprivations of the war years, the group showcases uncompromising quality and unparalleled finishes. High-gabled and handsome with a decorative clinker-brick facade laced with intricate iron balustrades, every apartment opens to reveal high-ceilinged interiors graced with hardwood floors and elaborate plasterwork.
Following two basic floorplans, all four apartments are presented in the same impeccable condition with some individual detail. Some feature diamond-pane cabinetry, some star a working fireplace, one offers a sea-breeze Juliet balcony, while another has a garden terrace. All have the same grand entries from the street front, the same rear access to garaging, and the same extraordinary quality of construction.
Beautifully situated between Elwood village and the Acland St retail strip, just 200m to the marina and steps from famous Jerry's Milk Bar, this is a uniquely grand opportunity for investors and developers alike.
Property History for 292 Barkly St, Elwood, VIC 3184
- 26 Oct 2018Sold - Price Undisclosed
- 24 Sep 2018Listed for Sale $4,500,000-$4,950,000
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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 10,271 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:
- The median value for Houses in Elwood is $2,262,331 while the median value for Units is $702,645.
- Houses have a median rent of $630 while Units have a median rent of $580.
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