8/3 Ormond Esplanade, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

8/3 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 675m2
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Property Details for 8/3 Ormond Esp, Elwood

8/3 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 675m2 and floor size of 99m2.

Building Type
Unit
Year Built
1996
Floor Size
99m2
Land Size
675m2
Local Government
Port Phillip
Lot/Plan
14/PS339347

Last Listing description (November 2018)

Spring into action and you ll be smiling all summer when you make this freshly refurbished apartment yours. Perched on the top floor of a solidly built boutique block, it s stylish, spacious and set to go in a peaceful position literally paces away from foreshore parkland, Elwood Beach and Elwood Village. The apartment presents exceptionally well with a spacious light-filled living room with plenty of space and a relaxing balcony with bay views adding to the allure. The kitchen features Smeg appliances and Bosch dishwasher. Beyond, there are two bedrooms with built-in robes and a spacious central bathroom with shower and separate bath. Further additions include a car space, secure intercom entry, reverse cycle heating, and cooling, euro laundry and newly installed roller blinds throughout the apartment. Along with its beachside location, it s also within easy access to city transport and the iconic Elwood Village, the main shopping precinct in Elwood.
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Property History for 8/3 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Listed for Rent
$580/w
25 Oct 2018
  • 01 Oct 2018
    Listed for Rent - Price not available
  • 12 Mar 2015
    Listed for Rent $510 / week
  • 23 Mar 2013
    Listed for Rent $500 / 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 10,272 properties. Over the last 5 years, Houses in Elwood have seen a 9.02% increase in median value, while Units have seen a 9.22% increase. As at 30 November 2025:

  • The median value for Houses in Elwood is $2,262,936 while the median value for Units is $713,365.
  • Houses have a median rent of $628 while Units have a median rent of $575.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 570 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.