40 Wave Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

40 Wave Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 371m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 19 Jan 2026
Low

High
Save

Property Details for 40 Wave St, Elwood

40 Wave St, Elwood is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1923. The property has a land size of 371m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last transferred in March 2021.

Building Type
House
Year Built
1923
Floor Size
104m2
Land Size
371m2
Local Government
Port Phillip
Lot/Plan
1/TP685975

Last Listing description (January 2017)

ENJOY THE ELSTER CREEK SERENITY OF TOWERING TREES, THE BABBLING CREEK AND ACTIVE WILDLIFE AT YOUR BACK DOOR. THIS FREESTANDING 1923 SPANISH MISSION ART DECO RESIDENCE CURRENTLY COMPRISES 2 BEDROOMS PLUS A STUDY. IMMACULATE AND BEAUTIFULLY MAINTAINED (INCLUDING A RENOVATED KITCHEN) THIS PERIOD GEM IS READY TO BE CALLED HOME.BEAUTIFULLY ADORNED WITH ITS ORIGINAL PERIOD FEATURES INCLUDING HIGH INTRICATE CEILINGS, ECO-FINISHED FLOORBOARDS, GORGEOUS FIREPLACE, GLISTENING LEADLIGHTS AND DEEP SILLS, THIS ENCHANTING TREASURE HAS A LASTING WARMTH IN RELAXED SURROUNDS.A FLEXIBLE FLOORPLAN TO MAKE IT YOUR OWN, THIS LIGHT FILLED BEAUTY FEATURES A TERRAZZO VERANDAH, A CAPTIVATING LOUNGE FLOWING TO THE CHARMING DINING ROOM (BAY WINDOW & OFP), DOUBLE DOORS TO THE DELIGHTFUL MAIN BEDROOM (BIRS), A SPACIOUS SPA SHARED ENSUITE, 2ND DOUBLE BEDROOM (BIRS), STUDY WITH POWDER ROOM, STUNNING STONE KITCHEN WITH BELLING 900MM STOVE, COMPACT BOSCH DISHWASHER AND LUXURY CABINETRY; CASUAL TV AREA AND A NORTH FACING CONSERVATORY STYLE DINING AREA OPENING TO A SUN FILLED DECK AND LOW MAINTENANCE GARDEN.WITH GATE ACCESS INTO THE PARKLAND, THIS CHERISHED CHARMER ENJOYS THE COMFORTS OF DUCTED HEATING, EVAPORATIVE COOLING, 2 SHEDS AND SECURE GARAGE PARKING.WHISPER QUIET WITH ONLY THE BIRDSONG TO HEAR, YET LITERALLY METRES TO ELWOOD VILLAGE CAFES & RESTAURANTS, THE PRIMARY AND SECONDARY SCHOOLS & BUS SERVICES, AN EASY WALK TO THE BEACH AND ELSTERNWICK STATION. - A SPANISH MISSION TREASURE- LOADS OF CHARACTER- UP TO 4 LIVING SPACES (OFP)- PARK ACCESS FROM NORTH FACING GARDEN COURTYARD- GARAGE*OPEN FOR INSPECTION TIMES FOR SATURDAYS WILL BE ADVERTISED BY MIDDAY THURSDAY***PHOTO ID REQUIRED AT ALL VIEWINGS**FEATURES INCLUDE: AIR CONDITIONING, CLOSE TO SHOPS, CLOSE TO TRANSPORT, INTERNAL LAUNDRY, PETS ALLOWED, ELECTRIC HEATING, FIRE PLACE, CLOSE TO BEACH

Property History for 40 Wave St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Transferred
17 Mar 2021
Listed for Rent
$800/w
10 Jan 2017
  • 17 Mar 2021
    Transferred
  • 10 Jan 2017
    Listed for Rent - Price not available
  • 11 Nov 2016
    Sold for $1,855,000
Sign in to see more transactions
Commute Calculator

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 10,273 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:

  • The median value for Houses in Elwood is $2,279,837 while the median value for Units is $710,695.
  • Houses have a median rent of $625 while Units have a median rent of $580.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 585 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

Market Insights
Elwood Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Elwood Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.