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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Elsternwick VIC 3185
New Listings (last 30 days)
3
Average price
$1,513,333
Lowest price
$700,000
Highest price
$3,100,000
Other properties in this postcode

106/5-7 Nepean Highway, Elsternwick VIC 3185

$370,000 - $390,000

Listed: 16th Jul 2026
Overview

This stylish apartment resides within the modern Elk complex in the sought-after suburb of Elsternwick, combining functionality with a sophisticated living aesthetic. It is thoughtfully designed for those who value both comfort and low-maintenance urban living with a hint of luxury.

Natural light floods the open-plan kitchen, dining, and living area through north-facing, double-glazed sliding doors that open up to an extended balcony, enhancing the indoor-outdoor experience beneficial for both relaxation and entertaining guests. The kitchen is fitted with quality Miele appliances including a gas cooktop, an under-bench oven, and a dishwasher, complemented by ample storage and bench space, ensuring it caters well to culinary enthusiasts.

The generously sized bedroom offers built-in mirrored wardrobes providing excellent storage while maintaining a calm and restful atmosphere. The bathroom features a sleek, frameless glass walk-in shower and well-considered storage behind the mirror, balancing practicality and style.

High-quality engineered oak timber flooring flows throughout the apartment, enriching the overall ambiance. Additional practical comforts include a concealed Euro laundry, heating and cooling through a split system, secure video entry, and lift access. Residents also enjoy exclusive use of a large communal rooftop terrace complete with built-in picnic benches, lounge booths, and a BBQ kitchen, ideal for social gatherings and casual outdoor dining. The secure car space and storage cage enhance convenience further, alongside internal mailboxes.

Located close to the vibrant Glen Huntly Road precinct, this property enjoys proximity to a plethora of shops, cafes, and restaurants, as well as cultural and recreational options including the renowned Classic Cinema, Ripponlea Estate, Elsternwick Park, and Elwood Beach. Accessibility to public transport is excellent with nearby train, tram, and bus services.

This apartment is well-suited for discerning buyers seeking a contemporary, spacious home that is low-maintenance yet rich in lifestyle benefits, perfectly complementing modern urban living.

Local Market Insights

In Elsternwick, Quiet Listings observed 3 new apartments entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,513,333. The property type mix of listed properties is predominantly Apartments at 38%, followed by units (13%), and land (13%). The most active agency for apartments in the Elsternwick area is currently Woodards Real Estate, representing 67% of new listings, followed by Marshall White with 33%. 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.