9/487 St Kilda St, Elwood is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 493m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Unit sold in Elwood in the last 12 months.
This cleverly designed one-bedroom "pocket rocket" delivers far more than meets the eye.Previously operating as a successful short-term rental, the apartment is offered fully furnished (excluding artwork), making it completely move-in ready or an effortless fully furnished long or short term investment opportunity.Positioned on the top floor, it enjoys high ceilings and expansive windows that flood the interiors with natural light while capturing leafy treetop views from three aspects. Overlooking the picturesque Elwood Canal, you'll enjoy a tranquil, ever-changing outlook with abundant birdlife and activity, all just moments from both the Elwood Beach and Yalukit Willam Nature Reserve.Inside, floating floorboards flow throughout, complemented by a well-appointed kitchen with generous storage and bench space, split system heating and cooling for year-round comfort, a central bathroom with bath, and a sunny bedroom with built-in robes.Adding further appeal is a secure off-street car space and an oversized, private and lockable, freestanding storeroom/laundry-complete with a washer, dryer, and ample room for bikes, beach gear, and seasonal storage. A rare and highly practical bonus, exclusively for your use.Positioned in one of Elwood's most beloved locales, residents will love the proximity to the vibrant Elwood Village with boutique shops and cafs, all contributing to the area's enviable bayside lifestyle as well as local schools, public transport and sporting facilities. Smart, stylish, and superbly located, this is low-maintenance living with maximum lifestyle payoff.
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 10,296 properties. Over the last 5 years, Houses in Elwood have seen a -8.65% decrease in median value, while Units have seen a -3.28% decrease. As at 31 July 2026:
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