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1/507 St Kilda Street, Elwood$540,000
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1/507 St Kilda Street

Elwood, VIC 3184, Australia
$540,000
2 bed 1 bath 1 car54 ha

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About this property

Perfectly positioned in one of Elwood's most desirable tree-lined streets, this spacious ground floor apartment delivers a superb combination of comfort, convenience and sought-after bayside lifestyle. Set within a solid brick boutique block, the home offers generous proportions and excellent natural light throughout, making it an ideal choice for easy everyday living. The welcoming interior features a large light-filled living area, providing a comfortable space to relax or entertain. The adjoining kitchen and meals zone is well-appointed with ample cupboard and bench space, gas cooking and modern appliances, offering both functionality and practicality for daily use. Two generously sized bedrooms include built-in robes and are serviced by a central bathroom with integrated laundry facilities, along with the added convenience of a separate toilet. Positioned on the ground floor, the apartment offers effortless accessibility and everyday ease, making it particularly appealing for those seeking low-maintenance living without stairs. Completing the home is a dedicated off-street car space and a quiet position within the block, while the location places you within easy reach of everything Elwood has to offer. Enjoy being just moments from Elwood Beach and foreshore walking trails, Ormond Road's vibrant cafés and restaurants, St Kilda Botanical Gardens and public transport options providing easy access into the CBD. Offering space, comfort and an unbeatable lifestyle address, this is an outstanding opportunity to secure a well-presented apartment in one of Melbourne's most sought-after bayside suburbs. Key Features • Ground floor apartment • Two spacious bedrooms with built-in robes • Generous light-filled living area • Well-appointed kitchen with meals area • Gas cooking and ample storage • Central bathroom with laundry facilities • Separate WC • Off-street car space • Solid brick boutique block • Walk to Elwood Beach

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
54 ha
Listed
3 months ago

Repayment calculator

$2,618/month
$1,309 /fortnight
Loan $432,000 at 6.10% over 30 years

Upfront costs

Deposit$108,000
Stamp duty$27,470
Conveyancing (est.)$2,000
Total upfront$137,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Elwood

This 2-bedroom apartment in Elwood, VIC 3184 sits within reach of public transport, local shops and nearby schools. It is listed 18% below the $660,000 median of 53 comparable apartmentswithin 5 km.

Schools near Elwood

  • Yesodei HaTorah Collegecombined · Prep-12 · CoEd
  • Elwood Primary Schoolprimary · Prep-6 · CoEd
  • Elwood Collegesecondary · 7-12 · CoEd

What's nearby

  • St Kilda Street/Glen Huntly Road (bus)149 m away
  • The Leaf Store350 m away
  • J.T. Berkley Reserve185 m away
  • W.E. Dickson Reservation426 m away
  • Elwood Community House Reserve536 m away

Elwood at a glance

Full suburb profile
Population
15,153
Median age
38
Household income
$2,096/wk
Median rent
$415/wk
Median mortgage
$2,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Elwood price trend

Median sold · Unit 2 bed

Compound growth -0.5% / yr over 4 yrs

$730kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Elwood market

Within 5km

Nearby Properties

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