Back 1/23 Pine Avenue
Off Market

1/23 Pine Avenue

Elwood VIC 3184

2
1
2
Apartment
George BornyanGeorge Bornyan, last sold this property on 22 February 2026 after 33 days on market.

Overview

A Golden Mile Gem Steps from the Beach

Opportunities like this in Elwood's tightly held Golden Mile are incredibly rare. Beautifully renovated and filled with natural light, this two-bedroom residence delivers the ultimate bayside lifestyle, just moments from the foreshore and the vibrant cafés of Ormond Road. Privately set behind a remote-gated driveway, the home welcomes you with rich timber floors, soaring ceilings, and a sense of timeless charm. The stunning stone-topped kitchen with premium SMEG appliances is made for effortless entertaining, while the expansive living room, complete with an open fireplace, tranquil garden outlooks, and designer lighting, creates the perfect retreat year-round. 2 bedrooms with built-in robes are complemented by a luxurious renovated bathroom with a full-sized bath. This is more than an apartment… It's Elwood living at its best.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Elwood over the last 12 months, the estimated median property value of 1/23 Pine Avenue is $695k.

Median value
$695k
Estimated value range
$410k - $1.7m
Median days on market
25
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/23 Pine Avenue

2026
Sold
Undisclosed
22 Feb 2026 by George Bornyan, of The Avenue Property Co.
2012
Sold
$627,500
Private Sale/Treaty on 07 Jul 2012 by Andrew Vandermeer, of Jellis Craig Elwood

Happy sellers in Elwood

77%
77% of sellers in Elwood reported that their sale price either exceeded or met their price expectations.

Elwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 83 reviews in Elwood over the last 12 months.

Local market activity for 2 bedroom apartments in Elwood

In the last 12 months, 231 two-bedroom apartments similar to 1/23 Pine Avenue, have been sold.

This represents a 1% increase in two-bedroom apartments sales when compared to the previous 12 months.

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