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Location

Market Insights for Elwood VIC 3184

New Listings (last 30 days)

Average price

$2,568,182

Lowest price

$1,000,000

Highest price

$5,850,000

71 Addison Street, Elwood VIC 3184

$3,400,000 - $3,700,000

Search Band Search Visibility Band

$3.5M - $3.6M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 3 Cars 589 m²

Listed: 23rd Jun 2026

Updated: 53 days ago

Overview

With the rare inclusion of three off-street parking spaces and up to five bedrooms, this beautifully reimagined Edwardian residence is an exceptional example of family living in Elwood. The property features a freestanding studio and a sparkling pool with spa, enhancing its appeal in this sought-after location close to both the village and the bay.

The home provides an extremely charming street presence and opens to reveal stylish and spacious interiors that are designed to meet the needs of contemporary family life. The property combines formal living and dining areas with expansive open-plan spaces, creating a versatile layout perfect for gatherings or quiet family time. Two light-filled living areas are complemented by notable features such as natural timber flooring and sophisticated finishes throughout.

The ground floor hosts the primary bedroom, a huge walk-in robe and a private bay window seat, offering a tranquil retreat. Upstairs, additional bedrooms are thoughtfully positioned alongside a family bathroom, ensuring comfort and privacy for all members of the household. The freestanding studio provides flexible accommodation options, suitable as a guest retreat, home office, or creative space.

Outdoor living is equally impressive, with a private rear garden featuring the inviting pool and spa, ideal for relaxation and entertaining during warmer months. The property enjoys excellent access to local amenities, including schools, shops, and transport options, making it highly desirable for families seeking space, comfort, and convenience in a vibrant coastal suburb.

This home is an excellent opportunity for those looking for a substantial family residence with exceptional features in Elwood’s coveted environment.

Local Market Insights

In Elwood, Quiet Listings observed 11 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $2,568,182. The property type mix of listed properties is predominantly Apartments at 51%, followed by houses (31%), and townhouses (9%). The most active agency for houses in the Elwood area is currently Jellis Craig, representing 45% of new listings, followed by Buxton Real Estate Group with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.