342 Barkly St, Elwood is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 294m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Set back from the street within recently landscaped gardens, this solid-brick, three-bedroom Edwardian residence has undergone a striking architectural renovation, creating a secluded, high-impact entertainer just one block from the foreshore, with every element geared toward indoor-outdoor living.
A leadlight verandah entry and soaring ceilings preserve the original character, while square set finishes introduce a more contemporary direction throughout the interior. Two ground-floor bedrooms, including one with an ornate fireplace, sit alongside a substantial twin bathroom. Above, the main suite is elevated by high architectural ceilings and incredible natural light, and features a walk-in robe, ensuite, and an adjoining multi-purpose room, ideal as a retreat, nursery or home office, that opens directly to the private tree-top terrace.
Expansive living and dining extend across the ground floor, connecting to both sides and the rear outdoor areas, which draw in natural light through oversized sliding glass doors. The Miele-appointed kitchen supports large-scale entertaining, while the paved courtyard with mains gas and a fully tiled, solar-heated plunge pool continues the appeal outdoors, with the rear garage offering flexibility as an undercover extension when required. Additional features include ducted heating and cooling, double glazing, intercom, alarm, integrated sound, European laundry and a double garage via rear access, while Ormond Point, Elwood Village, excellent schools and Jerrys Milk Bar sit within walking distance, with St Kilda Botanical Gardens, transport and shopping precincts all close by.
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 -0.38% decrease in median value, while Units have seen a 3.91% increase. As at 31 March 2026:
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