3/51 Mitford Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

3/51 Mitford Street
Elwood VIC 3184

Bedrooms: 8
Bathrooms: 3
Car spaces: 1
Floor area: 76m2
Land area: 542m2
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Last updated 3 Aug 2026
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Property Details for 3/51 Mitford St, Elwood

3/51 Mitford St, Elwood is a 8 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 542m2 and floor size of 76m2.

Building Type
Unit
Year Built
1960
Floor Size
76m2
Land Size
542m2
Local Government
Port Phillip

Last Listing description (July 2025)

From the moment you lay eyes on this boutique Art Deco mansion style block of three, nestled amongst the treetops in a coveted Elwood location, youll know youve found something truly special. Positioned on a 531m2* allotment & enveloped in beautifully established garden surrounds, these three solid & spacious residences, in varying good condition, each with its own captivating warmth & character, offers a rare investment opportunity. Boasting distinctive period detail & gorgeous green outlooks it presents a unique opportunity for the seasoned investor to immediately bring in a rental income & explore an array of future prospects for capital growth (STCA) in this blue-chip location. The superb ground floor house-sized apartment - the largest of the three - retains the elegance of its Art Deco origins. Showcasing beautiful bay windows, etched glass detail, high ceilings, ornate cornices & original timber flooring, it features a grand living & dining room, three bedrooms, a spacious central bathroom, a well appointed spacious kitchen with space for a meals area & laundry facilities. While upstairs, the two elevated apartments feature generously sized living & dining spaces, neatly presented kitchens, two bedrooms (one with study/optional third bedroom), sparkling central bathrooms & split system heating/cooling units. All three apartments enjoy shared access to a gorgeous rear courtyard, covered alfresco area, communal laundry facilities & off street parking. Superbly located, this exceptional opportunity places you within easy reach of Elwood Villages lively caf scene, vibrant St Kilda, Acland Streets dining & shopping precinct, St Kilda Botanical Gardens, the beach & transport. Dont miss this rare chance to secure a prime piece of Elwoods rich history & capitalise on its future potential rear access from laneway. *Approximate Title Dimensions.

Property History for 3/51 Mitford St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$400/w
13 Aug 2018
  • 13 Mar 2025
    Listed for Sale Not Disclosed
  • 09 Aug 2018
    Listed for Rent $400 / week
  • 18 Jun 2015
    Listed for Rent - Price not available
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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 10,296 properties. Over the last 5 years, Houses in Elwood have seen a -8.65% decrease in median value, while Units have seen a -3.28% decrease. As at 31 July 2026:

  • The median value for Houses in Elwood is $2,160,175 while the median value for Units is $688,145.
  • Houses have a median rent of $1,100 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 17 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 613 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.