4/3 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 675m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Elwood in the last 12 months.
Offering bay views from the first floor of a boutique block of just eight apartments, this stylish and solidly built residence combines privacy, security, excellent acoustics, an easy city commute, the popular Elwood Beach quite literally on your doorstep, and a coveted Elwood Village lifestyle.
From its light-filled interiors, enjoy water glimpses and spectacular sunsets through expansive steel-framed doors that extend the living zone to a generous private balcony framed by manicured hedges and trained olives. The spacious open-plan living and dining area is enhanced by floor-to-ceiling windows, a stone-bench kitchen with quality appliances, and excellent storage. Two generous carpeted bedrooms feature built-in robes, with the main enjoying ensuite access to a luxuriously oversized, fully tiled bathroom with frameless shower. Additional highlights include a Euro laundry, large linen cupboard, split-system heating and cooling, secure entry, an undercover car space, and the benefit of solar panels to reduce energy costs.
Directly opposite Elwood Beach, the apartment provides immediate access to the beachfront bike path that winds around the bay, as well as Elwood Bathers, the Elwood Life Saving Club, Elwood Sailing Club, anglers' club, tennis courts, park, football ground, and outdoor gym-all within a short stroll. Elwood Village cafs, bars, and gourmet food stores are just around the corner, while nearby Acland Street (1.5km) offers even more dining and nightlife options, along with trams to the CBD. For commuters, Elsternwick Station (~2km) provides regular city services every 10 minutes.
A rare combination of space, light, and lifestyle in one of Melbourne's most sought-after bayside pockets.
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 10,273 properties. Over the last 5 years, Houses in Elwood have seen a 7.50% increase in median value, while Units have seen a 6.42% increase. As at 31 December 2025:
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