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8/39 Byron Street, Elwood$362,500
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For Saleapartment

8/39 Byron Street

Elwood, VIC 3184, Australia
$350,000 – $375,000
1 bed 1 bath 1 car

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About this property

Snap up your own carefree slice of "Portofino" with this impeccably presented first-floor apartment in a leafy and sought-after Elwood neighbourhood. With secure entry for added peace of mind, the inviting lock & leave pad is ready to move into, making it perfect for both owner-occupiers and savvy investors. Warmed by a sunny north-easterly aspect, among its standout features are a welcoming lounge/meals area with broad picture windows, a practical kitchen with ample cupboard space plus a spacious bedroom with mirrored built-in robes and the comfort of a ceiling fan. A combined bathroom/laundry is also offered, along with split system heating/cooling, hardwood floors and parking space. In a quiet boutique group, the apartment is perfectly positioned for everything beautiful Elwood is famous for. Ripponlea station and Brighton Road trams are close by ensuring an easy CBD commute, while parks and Tennyson St shops & cafes are also all nearby. The bay is reachable on foot, whilst canal walking paths, the suburb's schools, St Kilda Botanical Gardens and Acland Street are all mere moments away.

Property Details

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

Repayment calculator

$1,757/month
$879 /fortnight
Loan $290,000 at 6.10% over 30 years

Upfront costs

Deposit$72,500
Stamp duty$16,820
Conveyancing (est.)$2,000
Total upfront$91,320
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 1-bedroom apartment in Elwood, VIC 3184 sits within reach of public transport, local shops and nearby schools. It is listed 51% below the $740,000 median of 56 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

  • Stop 39: Glen Eira Road (tram)421 m away
  • Unnamed354 m away
  • Clarke Reserve218 m away
  • Elwood Community House Reserve237 m away
  • School Park327 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

Schools

Complete

Elwood is a well-established inner-bayside suburb with strong public primary (Elwood Primary) and secondary (Brighton Secondary College) options. The area also has several respected Catholic and independent alternatives nearby, including St. Louis Primary, St. Catherine's, and Mentone Grammar, making it an attractive zone for families with diverse schooling preferences.

Schools near this property

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Education

Schools in Elwood

Government school catchment

Elwood Primary School

Prep-6CoEdGovernment
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Elwood College

7-12CoEdGovernment
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Independent & Catholic schools

Yesodei HaTorah College

Prep-12CoEdPrivate
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Catchment information is indicative only. Always verify with the relevant state education department before making enrolment decisions.

Source: StMate AI — VIC schools06/05/2026
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.

Suburb market

Suburb price trend

Elwood price trend

Median sold · Unit 1 bed

Compound growth -1.8% / yr over 4 yrs

$433kcurrent median

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

Full Elwood market

This listing

Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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