3/40 Southey Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

3/40 Southey Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 546m2
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Last updated 31 Aug 2026
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Property Details for 3/40 Southey St, Elwood

3/40 Southey St, Elwood is a 2 bedroom, 1 bathroom Unit. The property has a land size of 546m2.

Building Type
Unit
Land Size
546m2
Local Government
Port Phillip

Last Listing description (October 2021)

This recently painted and refurbished larger than average two-bedroom apartment is situated in a small block of six with plenty of sunlight and a relaxed 50's feel.
Features:
- Large main bedroom with built-in robes

- Sizeable second bedroom with built-in robes. Can be used as an office
- Generous and bright living room with dining area and balcony access
- Spacious kitchen with gas cooking (brand new upright gas cooker) and great storage
- Large bathroom with laundry
- Private balcony with leafy aspect
- Freshly polished floorboards throughout
- Brand-new split system in living area

Situated in a quiet, leafy street within walking distance to trams, trains, parks, Ormond Road and Acland St, the beach and alike.

Whilst every care is taken, Wilson Agents will not be held liable for any misprints of this advertisement and the applicant/s acknowledge that in applying for the property they are accepting the premises in the condition in which they viewed the home.

For scheduled inspections, please use the "BOOK AN INSPECTION" or "EMAIL THE AGENT" buttons and we will contact you to arrange a suitable time.

Property History for 3/40 Southey St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$450/w
20 Oct 2021
  • 12 Oct 2021
    Listed for Rent $450 / 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 10,292 properties. Over the last 5 years, Houses in Elwood have seen a -10.89% decrease in median value, while Units have seen a -5.80% decrease. As at 31 August 2026:

  • The median value for Houses in Elwood is $2,146,491 while the median value for Units is $675,339.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 12 properties listed for sale, and 15 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 610 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.