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Back 2/44 Wave Street
Off Market

2/44 Wave Street

Elwood VIC 3184

2
1
2
Apartment
David MelattiDavid Melatti, last sold this property on 08 May 2026 after 40 days on market.

Overview

Elwood Gem with Rare Separate Home Office, 2 Car Spaces & Courtyard

***UNDER OFFER - MORE PROPERTIES WANTED*** Step into a relaxed coastal lifestyle with this beautifully modern & updated ground-floor garden villa, perfectly positioned in one of Elwood's most sought-after pockets. Set within a boutique block of just seven, this light-filled residence combines space, style and everyday practicality. Freshly painted throughout and enhanced with new carpets in the bedrooms, the home offers two queen sized bedrooms, both with built-in robes, serviced by a modern tiled bathroom complete with rain shower, separate toilet and integrated laundry facilities. The well-appointed kitchen provides ample cupboard and bench space with new Bosch dishwasher, Blanco cooktop & oven , while a spacious living and dining area flows seamlessly to a private decked courtyard with its own separate access gateideal for entertaining or simply enjoying the fresh coastal air. What truly sets this property apart is its rare and highly desirable inclusion: a large, separate home office/ studio/ storage room exclusive to this apartment and perfect for those working from home, needing extra storage, or seeking a flexible additional space or even a beach cabin. Bonus is an attached separate communal powder room. Adding further appeal are two off-street car spaces (one undercover), secure intercom entry, gated access and split system heating and cooling for year-round comfort. Key Features: - Ground-floor garden villa in boutique block of just 7 - Two spacious bedrooms with built-in robes & ceiling fans - Modern kitchen with Bosch dishwasher & Blanco appliances - Light-filled open-plan living flowing to private decked courtyard with separate access - Large separate Home-Office/ Studio/ Storage Room (unique & exclusive to the apartment) with attached Separate communal powder room - Two off-street car spaces (one undercover) - Low Strata Fees - High rental yield of $900 - $990pw unfurnished / $1100 - $1250pw furnished - Prime Elwood real estate located within the Golden Triangle - Beachside location: walk to beach, cafes, restaurants & bars - Walk to schools including Elwood College & public transport - Enjoy parks & gardens including Point Ormond, Foreshore & Paul Hester Canal Walk Reserve Positioned between the charm of Elwood Village, Tennyson & Glenhuntly Villages, and the energy of St Kilda and Elsternwick, you'll enjoy easy walking access to cafes, restaurants, boutique shopping, parklands, , and walk to the beach. With Elwood Primary School, Elwood College, and transport options including Brighton Road trams, SkyBus to the Airport and nearby Elsternwick and Ripponlea stations all within close reach, this is a lifestyle location that truly delivers. A smart investment, ideal owner-occupier opportunity, Corporate leasing or Airbnb, or a city beach pad with work from home capabilities, this is low-maintenance living with a unique edge in a premium beachside setting. *** IMPORTANT! REGISTER TO INSPECT PROPERTIES *** By registering your details you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment. If no one registers for an inspection time then that inspection may not proceed. DON'T MISS OUT, Book for an inspection time today by clicking link below.

Features

2 bedrooms
1 bathroom
2 carspaces
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 2/44 Wave Street 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 2/44 Wave Street

2026
Sold
Undisclosed
Private Sale/Treaty on 08 May 2026 by David Melatti, of Smart Property Manager - a Division of VIP Consulting Real Estate
2023
Rented
Undisclosed
Leased on 29 Mar 2023 by Smart Property Manager - a Division of VIP Consulting Real Estate
2019
Rented
Undisclosed
Leased on 29 Nov 2019 by Smart Property Manager - a Division of VIP Consulting Real Estate

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, 230 two-bedroom apartments similar to 2/44 Wave Street, have been sold.

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

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Nicole Prime

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