5/122-126 Ormond RoadElwood VIC 3184
Property Details for 5/122-126 Ormond Rd, Elwood
Last Listing description (April 2018)
A fantastic opportunity exists to Lease in tightly held Elwood village. An ideal location in Docker Street to build your business in this coveted commercial hub.
Area: 55 m2 ( approx. )
Modern Shop front with large window aspect onto Ormond Road
Suit a variety of business uses ( STCA )
1 off street car space
Minimum 3-year initial lease term preferred with options available.
Vibrant Village opportunity awaits
Zoned Commercial 1
Available 1 April 2018
Dean Marshall 0403 717 153
In conjunction with
Premier Commercial Pty Ltd
Property History for 5/122-126 Ormond Rd, Elwood, VIC 3184
- 28 Feb 2018Listed for Rent - Price not available
- 26 Apr 2012Sold for $460,000
- 23 Jul 2011Listed for Sale Not Disclosed
Recent sales nearby
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About Elwood 3184
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 10,271 properties. Over the last 5 years, Houses in Elwood have seen a -2.82% decrease in median value, while Units have seen a 0.45% increase. As at 31 May 2026:
- The median value for Houses in Elwood is $2,236,931 while the median value for Units is $702,432.
- Houses have a median rent of $1,100 while Units have a median rent of $600.
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