5/48 Spray StreetElwood VIC 3184
Property Details for 5/48 Spray St, Elwood
5/48 Spray St, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 797m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (November 2024)
Unlock the potential of this charming 2-bedroom apartment nestled in the heart of Elwood, Victoria. Ideal for savvy renovators and those seeking a creative project, this property presents an incredible opportunity to design your dream space in one of Melbourne's most coveted suburbs.
Located in a prime spot, this apartment offers the best of Elwood's vibrant lifestyle. With cafes, shops, and the beach just moments away, you'll enjoy the perfect blend of relaxation and urban living. The spacious 2-bedroom layout provides generous room for customization, giving you the freedom to create your ideal home.
Flooded with natural light, the interiors are warm and inviting, offering a bright atmosphere that's just waiting to be transformed. This property is a blank canvas for those looking to express their personal style, with endless potential for renovation. Whether you're modernising or restoring to classic charm, the possibilities are endless.
For investors, this apartment represents an exceptional opportunity. The property is positioned in a highly sought-after area with excellent potential for capital growth. Convenience is also key, with easy access to public transport, nearby schools, and beautiful local parks.
Whether you're a first-time buyer or an investor, this renovator's delight in Elwood is the perfect chance to add significant value and create your dream home.
Don't miss this rare opportunity to transform a 2-bedroom apartment into your own slice of Elwood paradise. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer.
Property History for 5/48 Spray St, Elwood, VIC 3184
- 18 Oct 2024Sold for $604,000
- 02 Oct 2024Listed for Sale $530,000 - $580,000
- 16 Sep 2022Listed for Rent $390 / week
Recent sales nearby
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0About 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 10,271 properties. Over the last 5 years, Houses in Elwood have seen a 0.20% increase in median value, while Units have seen a 2.44% increase. As at 30 April 2026:
- The median value for Houses in Elwood is $2,183,934 while the median value for Units is $706,747.
- Houses have a median rent of $1,120 while Units have a median rent of $595.
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