3/56 Byron Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
 
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3/56 Byron Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 580m2
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Last updated 9 Feb 2026
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Property Details for 3/56 Byron St, Elwood

3/56 Byron St, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 580m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
1960
Land Size
580m2
Local Government
Port Phillip
Lot/Plan
3/SP25827

Last Listing description (April 2024)

This savvy ground floor 1 bedroom apartment has a smart new look and a private courtyard.
The original floorboards look stunning in the casual living area and the stylish kitchen with its cafe bar and Westinghouse appliances, opening to the faux grass courtyard with its own clothesline.
There's a generous bedroom with built in robes, glossy bathroom and a powder room.

This solid brick retreat is a fantastic lifestyle pad complete with double blinds, reverse cycle air conditioning, ample storage, security intercom, communal laundry with space for your own washing machine and parking.

At the top end of Elwood between the Brighton Road tram and the beach, walk to Tennyson Street cafes, Acland Street cafes, gorgeous parks and Ripponlea station.

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Property History for 3/56 Byron St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$470,000
01 Aug 2021
Listed for Rent
$350/w
19 May 2022
  • 15 Apr 2024
    Listed for Rent $425 / week
  • 19 Apr 2022
    Listed for Rent $350 / week
  • 16 Sep 2021
    Listed for Rent $385 / 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 10,272 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 18 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 593 properties were sold in the past 12 months in Elwood.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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