5/48 Ormond Road, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

5/48 Ormond Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 621m2
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Property Details for 5/48 Ormond Rd, Elwood

5/48 Ormond Rd, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 621m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2000
Floor Size
92m2
Land Size
621m2
Local Government
Port Phillip
Lot/Plan
5/PS447698

Last Listing description (June 2023)

**ARRANGE AN INSPECTION TIME ONLINE - DETAILS BELOW**

This stunning designer apartment is conveniently positioned in one of Elwood's finest locations and in boutique block. Comprising security foyer entrance with lift access. Two large bedrooms both with BIR's, Master with heating/cooling & private balcony. Both bedrooms are serviced by a large, beautifully appointed central bathroom with bath. The open plan living/dining area is of generous proportions and includes heating & cooling and access to a wraparound balcony. Stunning state of the art kitchen with stainless steel appliances, dishwasher & plenty of storage space. This fabulous executive style apartment also includes laundry facilities & undercover parking for one car. Shops, restaurants and schools all within a stone's throw away.

Arranging an inspection is easy!

To book a time to inspect, simply click on Book an Inspection Time or Email Agent to book instantly using our online system.1

Property History for 5/48 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$1,100,000
24 Dec 2020
Listed for Rent
$750/w
15 Feb 2019
  • 09 Nov 2021
    Listed for Rent - Price not available
  • 06 Jul 2021
    Listed for Rent $750 / week
  • 24 Dec 2020
    Sold for $1,100,000
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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 10,272 properties. Over the last 5 years, Houses in Elwood have seen a 17.15% increase in median value, while Units have seen a 8.88% increase. As at 31 October 2025:

  • The median value for Houses in Elwood is $2,306,416 while the median value for Units is $696,943.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 561 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.