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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
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Upfront costs
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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
Flood Risk
None
Low
Medium
High
Flood zone
Land Subject to Inundation Overlay (LSIO); Yarra River floodplain
Elwood is located within the lower Yarra River floodplain and coastal flood-risk zone, with portions subject to the LSIO under the Victorian planning system. The suburb experiences medium flood risk from both riverine (Yarra River) and localised stormwater inundation, particularly during high-rainfall events. Properties in the overlay require flood-compatible design and elevated finished floor levels.
Planning controls
- Compliance with LSIO requirements; floor levels typically set above the 1% AEP (100-year) flood level
- Flood-compatible development standards; fill limits and building design restrictions in designated areas
- Stormwater management and overland flow path protection under Port Phillip and Westernport CMA jurisdiction
- Referral to Melbourne Water for developments in flood-prone areas
Suburb market
Suburb price trend
Elwood price trend
Median sold · Unit 1 bed
Compound growth -1.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Elwood marketSide-by-side analysis
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