3/1 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

3/1 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 470m2
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Property Details for 3/1 Ormond Esp, Elwood

3/1 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 470m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 1998.

Building Type
Unit
Year Built
1998
Floor Size
80m2
Land Size
470m2
Local Government
Port Phillip
Lot/Plan
10/PS403497

Last Listing description (February 2017)

Offering the ultimate in modern lifestyle living, this fully furnished apartment is perfectly located opposite the beach, parks and all the very best that Elwood has to offer. With Elwood Village cafes, boutique shops and restaurants just moments away.

- Located directly across from the beach, with stunning city views

- Secure intercom entry, first floor apartment over two levels
- Timber floors throughout the living areas, carpet in the bedrooms
- Light-filled living room and adjoining dining area
- Fully equipped kitchen, gas cooktop/electric oven, dw and pantry
- Master bedroom, second large bedroom both with built in robes
- Central bathroom with shower, washing machine
- Split system heating and cooling, open fireplace and panel heating
- Balcony off the living room offering city and bay views
- Huge terrace upstairs
- One secure carpark

Property History for 3/1 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$450,000
20 Mar 1998
Listed for Rent
$800/w
21 Feb 2017
  • 14 Dec 2016
    Listed for Rent - Price not available
  • 30 Sep 2016
    Listed for Rent - Price not available
  • 26 Apr 2014
    Listed for Rent $580 / week
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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 10,278 properties. Over the last 5 years, Houses in Elwood have seen a -0.38% decrease in median value, while Units have seen a 3.91% increase. As at 31 March 2026:

  • The median value for Houses in Elwood is $2,190,974 while the median value for Units is $709,345.
  • Houses have a median rent of $1,070 while Units have a median rent of $590.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 605 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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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.