Elwood VIC 3184, Australia
Also written as Unit 16, 129 Ormond Esplanade.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 21 Dec 2016 | $690,000 | — |
| Sale | 11 Dec 2010 | $580,000 | — |
| Sale | 28 Nov 2000 | $345,000 | — |
The unit features one bedroom and one bathroom, making it a compact, single‑person or couple‑friendly residence
The property sits on a generous 1,645 m² parcel of land, providing ample outdoor space for a unit in this inner‑suburban location
Elwood Beach is just about 0.3 km away, a short walk that lets residents enjoy the popular bayside beach and its summer activities
Elwood Park is also roughly 0.3 km from the unit, while the Elwood Canal is about 1.1 km away, offering green corridors for walking, cycling and recreation
Tram route 67 runs along Brighton Road on the suburb’s northern edge, and nearby bus routes 630, 923 and 246 serve the area. The closest railway stations at Ripponlea and Elsternwick lie just beyond the northern boundary, and the Bayside Trail bicycle path provides a commuter‑friendly cycling link
Elwood is located about 8 km south‑east of Melbourne’s CBD, so the property enjoys a convenient inner‑city proximity while retaining a bayside feel
Elwood is known for its leafy streets lined with London Plane trees, a mix of Victorian, Edwardian and interwar architecture, and a vibrant village centre with cafés, restaurants and boutique shops along New Street and Ormond Road
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