89 Ormond Esplanade, Elwood, VIC 3184 sold on 24 September 2025 | OnTheHouse
SOLD
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Sold on 24 Sep 2025 for $2,500,000

89 Ormond Esplanade
Elwood VIC 3184

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 462m2
Sold By
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Belle Property St Kilda
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Property Details for 89 Ormond Esp, Elwood

89 Ormond Esp, Elwood is a 5 bedroom, 3 bathroom House. The property has a land size of 462m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 5 bedroom House sold in Elwood in the last 12 months.

Building Type
House
Land Size
462m2
Local Government
Port Phillip
Lot/Plan
2/PS610200

Last Listing description (December 2025)

A truly rare and exciting opportunity awaits on Elwood's exclusive Golden Mile beachfront-opposite Elwood Foreshore and just steps from the vibrant Ormond Road Village. This c.1920's gem, split across two titles on a substantial landholding of 462sqm (approx.), is being sold as one, offering endless potential for the visionary buyer. The top-floor residence boasts stunning bay views, expansive living areas, and four bedrooms across two levels, while the lower-floor unit enjoys the privacy of a front garden and patio, complete with two bedrooms and two bathrooms. With laneway access to a double garage, this property presents a golden opportunity for revival or a complete transformation into an incredible new home site. Whether you seek to restore its original grandeur, create a state-of-the-art family home, or explore development potential (STCA), the possibilities are as substantial and impressive as the location itself. Walk across the road to beautiful Elwood Beach, kilometers of Bay Trails, and foreshore reserves, or stroll around the corner to renowned Elwood Village boutiques, eateries, and bars. Perfectly positioned near Elwood Park and the Foreshore, this address also offers proximity to Elsternwick Park, Brighton's esteemed private schools, and easy transport links.Disclaimer:All information provided, including floorplans, room dimensions, and land size, is indicative only and intended for general guidance. Belle Property does not guarantee the accuracy or completeness of any plans, illustrations, or representations shown in marketing materials. We recommend that all prospective buyers conduct their own research, seek independent advice, and confirm all details independently prior to making any property-related decisions. Belle Property accepts no responsibility for any discrepancies or misstatem

Property History for 89 Ormond Esp, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$2,500,000
24 Sep 2025
  • 24 Sep 2025
    Sold for $2,500,000
  • 10 Jun 2025
    Listed for Sale $2,500,000
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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 17.15% increase in median value, while Units have seen a 8.88% increase. As at 31 October 2025:

  • The median value for Houses in Elwood is $2,306,416 while the median value for Units is $696,943.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to Cotality's data, 561 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.