501 St Kilda St, Elwood is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 206m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
With its architectural appeal and unbeatable lifestyle position, this award-winning, two-bedroom plus study home is the picture of sophistication, with an innovative design and sublime serenity that stands the test of time. A seamless alfresco focus merges seamlessly with a relaxed indoor-outdoor setting, allowing the iconic leafy ambience of Elwood to merge with open-plan interiors, where hardwood floors and a sleek kitchen provide the perfect environment for everyday living and entertaining.
Open-plan living and dining effortlessly connect to a well-appointed kitchen boasting a stainless steel island bench and quality all-electric appliances, including an induction cooktop, pyrolytic oven and dishwasher. A formal dining or sitting room at the heart of the residence adjoins a central courtyard, while a dedicated study area provides a quiet retreat for work or leisure. Upstairs, two generous robed bedrooms, each with ensuite bathrooms, offer comfort and privacy, highlighted by the oversized main bedroom featuring sweeping park views.
The position opposite the park enhances the feeling of space and leafy allure, with cafes, wine bars, and restaurants of Ormond Village just a few minutes walk away. Additional features, including split system heating and cooling, double glazing throughout, tilt-and-turn European windows, a powder room, abundant storage, and an intercom add to the appeal, alongside automated Velux skylights, a single remote garage and a European laundry. Perfectly tailored for those who appreciate a peaceful lifestyle with inner-urban accessibility, it is a short stroll to Brighton Road trams, Elsternwick Station, Elsternwick Park, Elwood Foreshore, and leading schools.
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 10,298 properties. Over the last 5 years, Houses in Elwood have seen a -10.89% decrease in median value, while Units have seen a -5.80% decrease. As at 31 August 2026:
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