Location, location, location. Cherished by one family for over 60 years, this classic home is a blank canvas presenting immense opportunity to redevelop or create an ideal family haven (STCA). It's set on 365sqm (approx) in highly desirable Meredith Street, moments from Elwood and St Kilda Beaches.-Generous sized living area and meals zone-Three good sized bedrooms-Updated kitchen features gas cooking-Bathroom with bath tub, second bathroom and laundry facilities-Large back garden with shed-Rare chance to acquire land in a highly sought-after locale-Stroll to both Elwood Primary School and Elwood College-10 minute walk to the cafes and shops of Elwood and St Kilda-Easy walk to Ripponlea Train Station, city buses and trams
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 10,273 properties. Over the last 5 years, Houses in Elwood have seen a 0.20% increase in median value, while Units have seen a 2.44% increase. As at 30 April 2026:
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