5/22 Wave StreetElwood VIC 3184
Property Details for 5/22 Wave St, Elwood
5/22 Wave St, Elwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 490m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last transferred in May 2025.
Last Listing description (January 2014)
Brand New Elwood luxury Penthouse - Captivating, light filled & boutique!!
Capturing 360 degrees of sunlight via the cleverly designed highlight windows this exclusive top floor penthouse will be sure to impress. Located in a boutique building of just 5 apartments and offering an expansive floor plan that boasts a huge light filled living/dining zone flowing out to the indulgent oversized terrace featuring exceptional leafy vistas over the Elwood canal parkland. The well-appointed kitchen creates a level of sophistication that breaks all the rules with the stone bench tops, highlight splashback and latest in Miele appliances. Down the hall you will find the seamlessly finished central bathroom with its free standing bath, separate shower and luxury fittings and tap ware. The second living zone offers a degree of flexibility with the diversity of becoming a study or potential 3rd bedroom. The master bedroom offers a full wall of robes, a generous well-appointed ensuite with European laundry and access to the rear north facing terrace. The second bedroom again offers BIRs and opens on to the rear terrace. This prestigious offering is perfectly located just a moments walk to Elwood Village and foreshore.
-Expansive open plan living area with space for formal and informal living as well as a large dining space
-Modern Kitchen with the latest in luxury fixtures and fittings. Stone bench tops, s/steel Miele appliances and glass splash back with highlight feature window.
-Sophisticated central bathroom with freestanding bathtub and separate shower.
-Cleverly designed 2nd living room with flexible uses. Potential to create a 3rd bedroom or study
-Master bedroom with full wall of BIRs and well-appointed ensuite and opening on to rear large north facing terrace
-Second bedroom with BIRs and opening on to rear large north facing terrace
-Ducted Heating/Cooling throughout
-Security Entrance
-Lift access
-Secure off street parking
Property History for 5/22 Wave St, Elwood, VIC 3184
- 16 May 2025Transferred
- 05 May 2018Sold for $1,566,000
- 10 Jan 2014Sold for $1,190,000
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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 10,296 properties. Over the last 5 years, Houses in Elwood have seen a -8.65% decrease in median value, while Units have seen a -3.28% decrease. As at 31 July 2026:
- The median value for Houses in Elwood is $2,160,175 while the median value for Units is $688,145.
- Houses have a median rent of $1,100 while Units have a median rent of $600.
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