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Overview
Located in a sought-after bayside precinct of Elwood, this period home offers a spacious footprint on a generous 225sqm parcel that invites a range of possibilities for buyers seeking future value and lifestyle enhancement.
The home currently features three sizeable bedrooms, including a master with an attractive bay window that brings in extra light and charm. Separate living and dining rooms afford flexible living spaces, while the kitchen with adjoining storage and separate laundry support everyday functionality.
Outdoor living is catered for with a private rear patio that overlooks the backyard — a quiet space ideal for relaxation or social gatherings. The existing period character provides a strong base to modernise or extend, subject to planning approval (STCA), allowing the owner to tailor the property to their vision.
This property is well suited to renovators, families looking for a versatile home with potential, or investors aiming to secure a highly desirable location with long-term prospects. Its proximity to Elwood Beach, vibrant village amenities including cafes and restaurants on Ormond Road, as well as parklands and public transport options, enhances the appeal and convenience for residents.
In summary, this home presents a rare opportunity to secure a blue-chip address with flexible living options and outstanding scope to create a bespoke bayside retreat or modern family home.
Local Market Insights
In Elwood, Quiet Listings observed 9 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $2,327,778. The property type mix of listed properties is predominantly Apartments at 59%, followed by houses (26%), and units (9%). The most active agency for houses in the Elwood area is currently Jellis Craig, representing 56% of new listings, followed by Buxton Real Estate Group with 22%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Market Insights for Elwood VIC 3184
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