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101/138 Ormond Road, Elwood$862,500
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101/138 Ormond Road

Elwood, VIC 3184, Australia
$862,500
2 bed 2 bath 1 car

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About this property

Rising above the vibrant village, Elwood Lane Apartments present 10 boutique apartments finished to the highest standards - and number 101 with internal size of approximately 82sqm plus balcony which holds a prized street-facing position in this sought-after block. As low maintenance as they come, and delivering a lifestyle craved by busy professionals and downsizers alike, this is also an appealing opportunity for wise investors looking to buy in the coveted 3184 postcode. Quality is at the forefront here with expanses of premium marble and top-class European appliances in the designer kitchen plus French Oak floors that flow through the open plan living and dining zone which extends out to a sundrenched alfresco balcony - soaking up views of the lively streetscape below. Each of the bedrooms is generously scaled and offers the benefit of fitted storage, something that is featured throughout the property. Two striking bathrooms are a real bonus one ensuite to the main bedroom whilst a dedicated study keeps the drawcards coming. Split system heating/cooling provides year-round comfort, video intercom entry ensures peace of mind whilst lift access to the secure parking and storage cage finalise an uncompromisingly cool package. Mere steps to your morning coffee, metres to providores and bars, this lifestyle locale is also close to public transport and of course merely moments from Elwood's famed foreshore.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$4,181/month
$2,091 /fortnight
Loan $690,000 at 6.10% over 30 years

Upfront costs

Deposit$172,500
Stamp duty$46,820
Conveyancing (est.)$2,000
Total upfront$221,320
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 6% above the $815,000 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

  • Daley Street/Glen Huntly Road (bus)371 m away
  • The Leaf Store100 m away
  • W.E. Dickson Reservation308 m away
  • Elwood Park373 m away
  • J.T. Berkley Reserve503 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

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