8/59 Ormond Road, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

8/59 Ormond Road
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 638m2
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Property Details for 8/59 Ormond Rd, Elwood

8/59 Ormond Rd, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 638m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1960
Floor Size
70m2
Land Size
638m2
Local Government
Port Phillip
Lot/Plan
12/RP549

Last Listing description (March 2025)

Enjoy the very best of Elwood in this stylishly renovated first-floor apartment, nestled in a boutique block of just nine residences. This spacious two-bedroom apartment offers a serene escape with abundant natural light and a lifestyle of pure convenience. An inviting entry hall welcomes you into the home, leading to an open-plan living and dining area, which seamlessly flows to a private balcony. A thoughtfully designed kitchen with an adjoining meals area extends from the main living area, delivering functionality with contemporary finishes. Two generously proportioned bedrooms feature built-in robes, and are conveniently positioned off the central bathroom, complete with bath, separate shower, laundry facilities and separate toilet. Additional features include secure intercom entry, split system heating and cooling, and an off-street car space. Just moments from the vibrant Elwood Village, Elwood Beach, tranquil parks and public transport options, this charming apartment promises an enviable lifestyle in a sought-after beachside location.

Property History for 8/59 Ormond Rd, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$658,000
05 Feb 2025
Listed for Rent
$450/w
16 Oct 2017
  • 05 Feb 2025
    Listed for Sale Private Sale: $659,000
  • 05 Feb 2025
    Sold for $658,000
  • 08 Sep 2022
    Sold for $615,000
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About Elwood 3184

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 10,269 properties. Over the last 5 years, Houses in Elwood have seen a 0.20% increase in median value, while Units have seen a 2.44% increase. As at 30 April 2026:

  • The median value for Houses in Elwood is $2,183,934 while the median value for Units is $706,747.
  • Houses have a median rent of $1,120 while Units have a median rent of $595.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 600 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.