5/485 St Kilda St, Elwood is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Apartment sold in Elwood in the last 12 months.
Directly opposite the open green spaces of Elsternwick Park, just metres from Ormond Road's cafés and only moments from the beach, this appealing one-bedroom apartment offers a fantastic opportunity for owner-occupiers and investors to enter tightly held Elwood. Positioned on the elevated first floor of a well-maintained block of only eight, the apartment enjoys loads of windows that fill the home with natural light, creating a bright, light and airy atmosphere throughout.
- Boutique block of only eight in a highly sought-after Elwood location
- Elevated first-floor position on the north side with leafy outlooks
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 10,295 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:
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