7/51 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

7/51 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
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Last updated 20 Apr 2026
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Property Details for 7/51 Ormond Esp, Elwood

7/51 Ormond Esp, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2020
Floor Size
48m2
Local Government
Port Phillip

Last Listing description (October 2018)

No.8 &12 (same floor plan as no.7) are still available - please enquire for more details.

A rarity on the beach, this superbly designed 1 bedroom security apartment is available in a bespoke off plan building, where the heritage facade is soon to be beautifully restored and retained. This development will architecturally transform the current footprint into Elwood's premiere new beachfront development.

Originally designed by modernist architect JH Esmond Dorney, this landmark inspiration will offer a lifestyle of luxury with its opulent marble foyers, Axminster carpets, 1920s Californian chandelier, gorgeous Deco style light fittings, a lift and unrivalled sense of grandeur in the exquisite common areas, to take it back to a time of Hollywood chic.

The apartment available is situated on the 1st floor and marries the movie-star qualities of the building with contemporary class and finesse, featuring open plan living & dining with a sublime stone kitchen featuring Miele appliances & Emporite finishes, a generous 21sqm approx. decked balcony, a stylish bedroom (BIRs), study area, designer bathroom, European laundry and secure parking via the side lane. An all-encompassing apartment that's being true to the heritage of the original building and the luxury of the inspirational new build.

Situated in Elwood's Golden Mile in the Elwood foreshore's tallest building, in a section that is at last being gentrified to suit the exclusivity of the beachfront position, a casual stroll to Elwood Village, Lifesaving Club and Elwood Tennis Club, picturesque parks, transport and a walk across the road to a sandy pathway straight to the beach.

Heritage Art Deco facade
Bespoke modern new footprint
Impressive quality throughout
Secure car parking
Spectacular beachside lifestyle
Off the plan, stamp duty savings available

Property History for 7/51 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$585,000
14 May 2018
  • 14 May 2018
    Sold for $585,000
  • 14 Sep 2017
    Listed for Sale Contact Agent
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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 10,280 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 24 properties listed for sale, and 13 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 607 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.