8/3 Alfriston 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 725m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Tucked away within a boutique block, this peaceful two-bedroom apartment celebrates glorious sun-soaked living and first-floor privacy whilst relishing its proximity to popular cafes, public transport and beachside enjoyment.
With large picture windows inviting abundant natural light and framing sweeping views of treetops and rooftops that stretch to the distance, the home's relaxed ambience perfectly matches the character of Elwood's desirable lifestyle. Beyond a secure entry, a central hallway leads to a light-filled living room, a contemporary stone kitchen with stainless steel appliances and an adjoining meals area, plus two double bedrooms with built-in robes. Sleek and modern, the central bathroom hosts a shower and a bath plus laundry provisions, whilst a separate WC adds valuable convenience.
One of only eight apartments, enjoy a morning coffee on your balcony, dinner with a sunset backdrop, and appreciate comfort and quality highlighted by bamboo floors, a split system air conditioner, undercover parking and a storage room. An enviable first home or intelligent investment, it's situated a short stroll to trams, Ripponlea and Balaclava Station, cafes, fine dining, shops, and wine bars, with superb proximity to Melbourne CBD and surrounds, where high-profile national and international events, such as the Australian Grand Prix, Australian Open, football and cricket matches highlight potential success on the short-stay property market.
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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