3/398 Barkly Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
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3/398 Barkly Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 6 Jul 2026
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Property Details for 3/398 Barkly St, Elwood

3/398 Barkly St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Port Phillip

Last Listing description (July 2026)

Brimming with timeless Art Deco charm and enjoying the rare luxury of its own private entrance, this oversized apartment offers an exceptional bayside lifestyle in one of Elwood's most sought-after locations.

Showcasing generous proportions, beautiful period character and an abundance of natural light throughout, the home effortlessly combines classic appeal with everyday comfort. Perfectly positioned directly opposite Elwood Beach and just moments from the vibrant Elwood Village, you'll enjoy easy access to an array of cafs, restaurants, bars, boutique shopping and picturesque coastal walks.

The spacious floorplan comprises two large bedrooms with built-in robes, a central bathroom complete with bath and laundry facilities, and an expansive kitchen featuring a dishwasher and an abundance of cupboard and bench space. The living room is serviced by a split-system heating and cooling unit for year-round comfort. A private courtyard provides the perfect outdoor retreat, while rear access and a lock-up garage add further convenience.

Rich in character, filled with warmth and offering an enviable beachside lifestyle, this is a rare opportunity to secure a truly special Elwood residence.

Property History for 3/398 Barkly St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$550/w
26 Apr 2022
  • 22 Jun 2026
    Listed for Rent $650 / week
  • 11 Apr 2022
    Listed for Rent $550 / week
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About 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 10,294 properties. Over the last 5 years, Houses in Elwood have seen a -4.21% decrease in median value, while Units have seen a -0.43% decrease. As at 30 June 2026:

  • The median value for Houses in Elwood is $2,221,265 while the median value for Units is $697,164.
  • Houses have a median rent of $1,070 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 598 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.