9/48 Milton Street, Elwood, VIC 3184 | Property Value & History | OnTheHouse
OFF MARKET

9/48 Milton Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 719m2
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Property Details for 9/48 Milton St, Elwood

9/48 Milton 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 719m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last transferred in August 2024.

Building Type
Unit
Year Built
1970
Floor Size
86m2
Land Size
719m2
Local Government
Port Phillip
Lot/Plan
9/PS511493

Last Listing description (December 2025)

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Tucked away at the rear of a boutique block, this inviting two-bedroom unit captures plenty of natural light and offers a relaxed lifestyle in one of Elwoods most sought-after pockets. A private balcony extends the living space, while the well-considered floorplan ensures both comfort and practicality.

Both bedrooms are generously sized and feature excellent built-in storage. The living room is enhanced by a gas furnace and cooling, opening seamlessly to the balcony for fresh air and sunshine. A bright kitchen with meals area comes complete with electric cooking and dishwasher, while the central bathroom offers a separate shower and bath, along with laundry taps for convenience. There is also a separate toilet, additional hallway storage, and an off-street car space at the rear of the well-maintained complex.

Perfectly positioned in Milton Street, youll be within strolling distance of Elwoods vibrant cafs, restaurants, and boutique shops, with easy tram and bus connections close by. The beach and surrounding parklands are just minutes away, delivering the ideal mix of lifestyle and location.

Property History for 9/48 Milton St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Transferred
20 Aug 2024
Listed for Rent
$580/w
16 Sep 2025
  • 16 Sep 2025
    Listed for Rent $580 / week
  • 20 Aug 2024
    Transferred
  • 15 Apr 2021
    Listed for Rent $410 / 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 10,271 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 22 properties listed for sale, and 17 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.