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For Saleapartment

6/45 Foam Street

Elwood, VIC 3184, Australia

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1 bed 1 bath 1 car

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About this property

Who says a Golden Mile lifestyle is out of reach! Get your foot in the door of one of the area's most sought-after pockets with this light-filled apartment at the top of a boutique block. Through the securely gated intercom entrance, the accommodation is comfortable & extremely low maintenance, setting the perfect scene for an idyllic lock & leave lifestyle. Centred around a generous living room with a sunny northerly orientation that fills it with natural light, the home features a large timber hatch through to the bright kitchen offering plenty of cupboard space and all-electric appliances. The peaceful bedroom is warm and inviting, benefiting from plenty of wardrobing and a ceiling fan, while the bathroom offers internal laundry taps for a washing machine. Rounding out a carefree setting is split system heating/cooling, a large hall storage cupboard and an off-street parking space. In the coveted corridor between the village retail & dining strip and the gorgeous foreshore parklands & sandy beach, this affordable first home or investment is also within a walk of public transport options for an easy CBD commute.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Parking: 1
Listed: 2 months ago

Repayment calculator

$4,775/month

$2,388 /fortnight

Loan $788,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$197,000

Stamp duty$54,175

Conveyancing (est.)$2,000

Total upfront$253,175

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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 1-bedroom apartment in Elwood, VIC 3184 sits within reach of public transport, local shops and nearby schools.

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) — 543 m away
The Leaf Store — 296 m away
Elwood Park — 359 m away
W.E. Dickson Reservation — 506 m away
J.T. Berkley Reserve — 624 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.

Due diligence

Property Report

Future Development

Complete

Elwood is experiencing steady infill residential development pressure typical of established inner-coastal Melbourne suburbs, with a focus on townhouses and medium-density apartments along transport corridors and main roads. Public realm improvements to the foreshore reserve and school infrastructure upgrades reflect council focus on livability and community facilities. Development activity is moderate and incremental rather than transformational, consistent with the suburb's character as a mature beachside residential precinct.

Nearby projects

Closest

0.2 km

Elwood foreshore reserve redevelopment

Distance from this property is exact (rings = km). Direction is illustrative.

Elwood foreshore reserve redevelopment

0.2 km

Public realm and infrastructureProposed

Port Phillip Council planning for improved public access, landscaping and recreational facilities along the Elwood foreshore precinct.

2026

200 m

Recent residential DA approvals

0.3 km

Residential townhouses and apartmentsApproved

Multiple single-lot and dual-occupancy development applications approved throughout Elwood residential streets.

300 m

Ormond Road residential infill

0.5 km

Residential apartment buildingApproved

Medium-density residential development approved for consolidated property holdings along Ormond Road corridor.

500 m

Bay Street mixed-use precinct

0.8 km

Mixed-use and retailProposed

Local retail and residential infill opportunities identified within the Bay Street shopping precinct and surrounds.

2025-2026

800 m

St Kilda Road school precinct upgrade

1.2 km

Education and community infrastructureUnder construction

Port Phillip secondary school facility expansion and renewal of educational and sporting infrastructure.

2025

1.2 km

Source: StMate AI — VIC development trends07/06/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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