5/47 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

5/47 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
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Last updated 20 Apr 2026
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Property Details for 5/47 Ormond Esp, Elwood

5/47 Ormond Esp, Elwood is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a floor size of 98m2.

Building Type
Unit
Year Built
2002
Floor Size
98m2
Local Government
Port Phillip

Last Listing description (August 2020)

To arrange a private inspection or request more information please call Jason Wedge on 0411 432 520.With prestigious Esplanade frontage in Elwood’s Golden Mile, this brand new ground-floor two bedroom, two bathroom plus a study garden apartment with two basement car spaces has been architecturally designed and precision built to provide a luxurious and low maintenance living environment.An eye for detail and considered appointments create a home that is easy to live in, inviting for entertaining and simple to maintain. Filled with natural light from the north and west, the generously scaled interiors are further extended by a remarkable 39sqm (approx.) of private open space. Every principal room extends to the outdoors for superb liveability and a beach vibe; while high ceilings, banks of windows, the elegant use of natural limestone and engineered oak flooring unite the sophisticated interiors.The open-plan living and dining zone is framed with a wall of floor-to-ceiling sliding glass that takes in the extended view across the foreshore reserve and links to a knock-out Spotted Gum deck and landscaped garden scaled for entertaining. The accompanying kitchen is glamourous, streamlined and functional with stone benchtops, limestone splashback and high end appliances including an integrated refrigerator, dishwasher, oven, microwave and Insinkerator. The separate study provides an excellent workspace backdropped with bespoke finishes. The two bedrooms are zoned in their own private wings. The luxurious main bedroom is beautifully appointed with floor-to-ceiling glazing sliding open to the western deck perfect for viewing the sunset or enjoying the sea breezes on a hot summer night. A spacious dressing room complements a fully-tiled ensuite with a limestone feature wall and freestanding bath. The second queen size bedroom enjoys its own courtyard and built-in robes, and the main bathroom features limestone finishes and European laundry. Modern and masterful, this impressive abode also features lift access to the two car basement garaging and storage cage, Daiken central heating and air conditioning, Rogerseller tapware and security intercom. Step out your front door and be on the beach in seconds, stroll the foreshore walking trail or quickly access the area’s finest amenities from Elwood Village’s vibrant cafes and shops, Elwood Park, Elwood Sailing Club, Elsternwick Park, St Kilda’s nightlife and restaurants, a choice of transport and Elwood Primary and Elwood College.

Property History for 5/47 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
  • 03 Mar 2020
    Listed for Sale Expressions of Interest
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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 10,279 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, 608 properties were sold in the past 12 months in Elwood.

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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.