47 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
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47 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 902m2
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Property Details for 47 Ormond Esp, Elwood

47 Ormond Esp, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a land size of 902m2 and floor size of 70m2.

Building Type
Unit
Year Built
2020
Floor Size
70m2
Land Size
902m2
Local Government
Port Phillip
Lot/Plan
2/PS747561

Last Listing description (December 2025)

Experience the high style of 'Elwood 47' from this luxury apartment on the coveted Golden Mile. A designer setting of infinite quality, the Lock & Leave residence defines deluxe lifestyle living and enjoys proximity to the very best of this fabulous beachside suburb.
Beyond the statement faade and through the gated entrance, the home is desirably secure thanks to video intercom entry and offers dream accessibility with it ground floor position. Opening to reveal rich wide-board flooring, the accommodation is wonderfully open plan featuring a well-sized living and dining area with stretches of glass letting in streams of natural light. The gourmet kitchen has been equipped to please with Miele appliances including a microwave and dishwasher and boasts the streamlined aesthetic of an integrated Siemens fridge/freezer. Bespoke cabinetry and natural stone make this a beautiful yet very functional space.
Outside, the courtyard has been decked to create an alfresco entertaining zone complete with built-in seating. Capitalising on the space, a neat mod-grass area is also offered, while the double bedroom enjoys views of this tranquil area. A generous walk-in wardrobe and chic bathroom/laundry with brushed tapware and more stone are also offered dual-zoned heating/cooling, an assigned parking space and storage cage conclude a sophisticated abode.

Across from the beach and steps to the park, the home is a stroll to the village and dining options and well-serviced by bus routes.

Property History for 47 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
  • 05 Nov 2025
    Listed for Rent $625 / week
  • 07 May 2025
    Listed for Rent $600 / week
  • 20 Aug 2024
    Listed for Sale $580,000 - $595,000
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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 14 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 605 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.