3/5 Addison Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

3/5 Addison Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 825m2
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Property Details for 3/5 Addison St, Elwood

3/5 Addison St, Elwood is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 825m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1970
Floor Size
81m2
Land Size
825m2
Local Government
Port Phillip
Lot/Plan
3/PS330789

Last Listing description (August 2023)

Immerse yourself in the captivating allure of Elwood, a vibrant suburb renowned for its laid-back ambiance and coastal charm. Set in this idyllic locale, we are thrilled to present a captivating two-bedroom apartment for rent. This exquisite residence effortlessly combines comfort and elegance, boasting an array of features tailored to modern living.

As you step inside, you'll be greeted by a meticulously designed living space enriched with a plethora of conveniences. Both bedrooms are adorned with ceiling fans, ensuring a serene night's sleep even during warmer evenings. Embrace the cozy embrace of ducted gas heating that permeates every corner, providing warmth throughout the cooler seasons. The resplendent timber floors not only exude sophistication but also simplify maintenance, elevating your living experience. The seamless integration of laundry facilities within the kitchen adds a practical touch, seamlessly incorporating chores into your daily routine.

The master bedroom and its companion offer generous space, ideal for relaxation or slating your creative home office setup. Sunlight floods the apartment, creating a welcoming and invigorating ambiance that uplifts your senses. Beyond the apartment's comfort, it's worth noting that it's conveniently located near the beach, offering you the chance to enjoy the soothing coastal breeze and stunning views at your leisure.

Features:

Thoughtfully designed ceiling fans in bedrooms for optimal comfort
Ducted gas heating for cozy warmth during colder months
Elegant timber floors that enhance visual appeal
Thoughtfully integrated laundry facilities within the kitchen
Abundant natural light that illuminates every corner
Proximity to the beach, allowing you to savor the coastal beauty
An opportunity not to be missed, this captivating apartment is an embodiment of tranquillity and convenience. Experience the best of Elwood while revelling in the modern amenities this apartment presents. Your dream coastal retreat awaits seize the chance to make it your own!

Property History for 3/5 Addison St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$660,000
03 Dec 2022
Listed for Rent
$550/w
24 Aug 2023
  • 07 Aug 2023
    Listed for Rent $550 / week
  • 03 Dec 2022
    Sold for $660,000
  • 10 Nov 2022
    Listed for Sale $620,000 - $670,000
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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.
There are currently 20 properties listed for sale, and 9 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 592 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.