4/59-61 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

4/59-61 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 2334m2
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Property Details for 4/59-61 Ormond Esp, Elwood

4/59-61 Ormond Esp, Elwood is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 2334m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
Unit
Year Built
1987
Floor Size
110m2
Land Size
2334m2
Local Government
Port Phillip
Lot/Plan
4/SP28789

Last Listing description (July 2025)

This light-filled two-story townhouse seamlessly combines bayside living with the comfort of a private retreat. Located directly across from Elwood Beach and just a short walk from Elwood Village, you can enjoy a relaxed lifestyle with everything you need nearby.

Enter through a secure entrance off the quiet Beach Avenue into a spacious home featuring a large open-plan living and dining area, complete with parquetry flooring and lovely garden views. The living space opens onto a generously sized, north-facing terrace, perfect for entertaining guests or simply unwinding in the sun. Surrounded by lush greenery and palm trees, this setting feels like your own private oasis.

The well-appointed kitchen includes a dishwasher and ample storage. This charming property offers three comfortable bedrooms, including a master suite with an ensuite bathroom and built-in wardrobes.A spacious main bathroom, along with a separate laundry and a convenient downstairs powder room, adds functionality and ease to everyday living.

Additional features include ducted heating, a secure lock-up garage, and easy access to public transport, cafes, parks, and the beach. This property offers the ultimate in coastal living with low maintenance.

Property History for 4/59-61 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$775,000
13 Jan 2012
Listed for Rent
$740/w
20 Dec 2019
  • 02 May 2025
    Listed for Rent $900 / week
  • 02 Oct 2019
    Listed for Rent $780 / week
  • 26 Sep 2018
    Listed for Rent - Price not available
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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 10,278 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:

  • The median value for Houses in Elwood is $2,190,974 while the median value for Units is $709,345.
  • Houses have a median rent of $1,070 while Units have a median rent of $590.
There are currently 22 properties listed for sale, and 15 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 610 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.