8/45a Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1953m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
A most wanted poster prepared by first homebuyers or investors would certainly describe this solid-brick apartment. It has all the identifying features: an extra-spacious living room opening onto a balcony with outlooks onto the bay, a large updated kitchen with built-in breakfast bar, a main bedroom with built-in robes and bay views to wake up to every day, a second bedroom with built-in robes, a generously sized refurbished bathroom with twin basins and laundry taps, a central hallway leading to all the rooms, secure intercom entry and a car space reached via a rear laneway. The reward is happy lifestyle living directly opposite the beach and a walk away from buzzing Elwood Village, bus stops and Elwood Park.
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**Macquarie DEFT Auction Pay available on this property on auction day**
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:
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