3/55 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

3/55 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 984m2
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Property Details for 3/55 Ormond Esp, Elwood

3/55 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 984m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1960
Floor Size
84m2
Land Size
984m2
Local Government
Port Phillip
Lot/Plan
3/RP6565

Last Listing description (December 2025)

Facing the beach from its front-of-the-group position, this stylishly appointed 2-bedroom apartment promises a lifestyle of relaxed sophistication on Elwood's prestigious Golden Mile. With generous accommodation and a broad sea-breeze balcony, it is a setting that perfectly captures the true essence of bayside living.
Boasting secure entry and driveway access off low-traffic Selwyn Ave, the first-floor residence opens to interiors enhanced by polished concrete flooring. Upon entry, discover two extremely generous & robed bedrooms and a huge bathroom/laundry, which has both a shower and bath, twin vanity and separate WC as well as room for a washing machine & dryer.
Open plan in design and offering room to dine, retreat and entertain, the inviting living/dining zone is a space that can accommodate even the largest of gatherings with ease. Looking out across this fabulous area is the chic & stylish gourmet kitchen, which is equipped with a Bosch dishwasher, stone benchtops and a gas cooktop.

Split system heating/cooling and dual blinds are among the apartment's standout features, and this super-appealing lock & leave package comes with the convenience of an off-street parking space.
Moments from Ormond Road shops, cafes and restaurants, this coveted address is close to bay walking/cycling trails, parks, bus stops and both Elwood Primary School and Secondary College.

Property History for 3/55 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$770,000
29 Nov 2024
Listed for Rent
$600/w
19 May 2023
  • 29 Nov 2024
    Sold for $770,000
  • 20 Nov 2024
    Listed for Sale $770,000
  • 17 Apr 2023
    Listed for Rent $600 / 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 10,279 properties. Over the last 5 years, Houses in Elwood have seen a 3.50% increase in median value, while Units have seen a 4.76% increase. As at 28 February 2026:

  • The median value for Houses in Elwood is $2,272,110 while the median value for Units is $703,002.
  • Houses have a median rent of $630 while Units have a median rent of $590.
There are currently 25 properties listed for sale, and 13 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 602 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.