296 Barkly St, Elwood is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 321m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Poised for a fabulous future, this impressively proportioned period home on good-size land of approximately 319 square metres offers a brilliant blank canvas for renovation transformation. Limited only by your imagination, the skys the limit as to how you add your modern magic and bring it into the 21st century with a revamp and redesign. Beckoning for an update, the potential-rich property features a large central living room, kitchenette/laundry, three bedrooms, neat bathroom, study, two car spaces and a deep rear garden thats more than big enough to accommodate an extension (STCA)/and or alfresco entertaining oasis and youll still have space to spare. Assisting in rolling out the renovation process is the rear access, which is worth its weight in gold. Venture down the path of success in this very desirable location just one block away from beach, St Kilda Marina and MO Moran Reserve, on the doorstep of buses, and a few minutes stroll to the vibe in Elwood Village and eclectic Acland Street and the serenity of the Botanical Gardens.
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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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