7/6 Wave Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

7/6 Wave Street
Elwood VIC 3184

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 36m2
Land area: 550m2
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Property Details for 7/6 Wave St, Elwood

7/6 Wave St, Elwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 550m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1950
Floor Size
36m2
Land Size
550m2
Local Government
Port Phillip
Lot/Plan
7/RP14916

Last Listing description (October 2025)

Wave hello to your new home in the heart of vibrant Elwood. This beautifully refurbished one-bedroom apartment is perfectly positioned on the first floor of a solidly built boutique block of just nine residences, offering both privacy and tranquillity in one of Melbournes most sought-after bayside suburbs.

Inside, youll find a well-designed layout that feels both comfortable and contemporary. The spacious living and dining area provides the ideal place to unwind after a long day or entertain friends in relaxed style. The modern kitchen is exceptionally well appointed, featuring sleek stone benchtops, a stainless-steel oven, gas cooktop and dishwasher, as well as glass splashbacks that add a touch of sophistication. It also includes a cleverly integrated laundry space with a washing machine included and ample storage throughout.

The bedroom is fitted with mirrored built-in robes and enjoys direct access to a fully tiled bathroom finished in modern tones. For added convenience, the property also comes with an off-street car space.

Located just moments from the lively atmosphere of Elwood Village, this apartment offers easy access to popular cafés, local shops, and public transport. Glen Huntly Road, Elsternwick Station, and the green spaces of Elwood and Elsternwick Parks are all close by, while Elster Creek walking trails lead you directly to the beach perfect for a morning stroll or sunset walk.

This apartment truly captures the relaxed coastal lifestyle Elwood is famous for, wrapped in modern comfort and convenience.

Property History for 7/6 Wave St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$342,500
13 May 2020
Listed for Rent
$475/w
24 Oct 2025
  • 22 Oct 2025
    Listed for Rent $475 / week
  • 12 Jul 2024
    Listed for Rent $450 / week
  • 24 Jan 2022
    Listed for Rent $315 / week
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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 10,278 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 22 properties listed for sale, and 15 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 610 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.