Back 101/138 Ormond Rd
Off Market

101/138 Ormond Rd

Elwood VIC 3184

2
2
1
Apartment
Last sold for $862,500
Sam GamonSam Gamon, last sold this property on 05 May 2026 after 24 days on market.

Overview

North-facing 2 Bed + Study with Large Terrace

Rising above the vibrant village, Elwood Lane Apartments present 10 boutique apartments finished to the highest standards - and number 101 with internal size of approximately 82sqm plus balcony which holds a prized street-facing position in this sought-after block. As low maintenance as they come, and delivering a lifestyle craved by busy professionals and downsizers alike, this is also an appealing opportunity for wise investors looking to buy in the coveted 3184 postcode. Quality is at the forefront here with expanses of premium marble and top-class European appliances in the designer kitchen plus French Oak floors that flow through the open plan living and dining zone which extends out to a sundrenched alfresco balcony - soaking up views of the lively streetscape below. Each of the bedrooms is generously scaled and offers the benefit of fitted storage, something that is featured throughout the property. Two striking bathrooms are a real bonus one ensuite to the main bedroom whilst a dedicated study keeps the drawcards coming. Split system heating/cooling provides year-round comfort, video intercom entry ensures peace of mind whilst lift access to the secure parking and storage cage finalise an uncompromisingly cool package. Mere steps to your morning coffee, metres to providores and bars, this lifestyle locale is also close to public transport and of course merely moments from Elwood's famed foreshore.

Features

2 bedrooms
2 bathrooms
1 carspace
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 101/138 Ormond Rd is $705k.

Median value
$705k
Estimated value range
$400k - $1.7m
Median days on market
24
Estimated value trend
4%
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 101/138 Ormond Rd

2026
Sold
$862,500
Private Sale/Treaty on 05 May 2026 by Sam Gamon, of Jellis Craig Elwood
2023
Rented
Undisclosed
Leased on 30 Aug 2023 by Jellis Craig Elwood
2022
Rented
Undisclosed
Leased on 17 Dec 2022 by 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 95 reviews in Elwood over the last 12 months.

Local market activity for 2 bedroom apartments in Elwood

In the last 12 months, 224 two-bedroom apartments similar to 101/138 Ormond Rd, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

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