Back 2/89 Ormond Rd
Off Market

2/89 Ormond Rd

Elwood VIC 3184

1
1
1
Apartment
Last sold for $400,000
Michael TownsendMichael Townsend, last sold this property on 13 March 2017 after 39 days on market.

Overview

Modern ground floor apartment in Elwood's heart

Offering an enviable beach lifestyle in the heart of Elwood Village, this modern ground floor apartment presents a superb opportunity for the first homebuyer or astute investor. Private and secure, it is ideally placed steps from cafes and the foreshore. - Comfortable living and dining area with a leafy courtyard - Smart kitchen including quality stainless steel appliances - Double sized bedroom with built-ins set quietly at the back - Well kept bathroom with a walk-in shower, concealed laundry - Electric heating, high ceilings throughout, timber floors - Alarm system plus intercom security, neutral interior tones - Generous storage room, car space beyond an automatic gate - Great investment opportunity in a desirable bayside locale - Elwood Village at the door, leisurely stroll to Elwood Beach - Walk to city trams, Elsternwick station and Elsternwick Park

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Elwood over the last 12 months, the estimated median property value of 2/89 Ormond Rd is $415k.

Median value
$415k
Estimated value range
$220k - $650k
Median days on market
26
Estimated value trend
-6%
decrease 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 2/89 Ormond Rd

2026
Rented
Undisclosed
Leased on 15 Mar 2026 by Flare Real Estate
2023
Rented
Undisclosed
Leased on 15 Jan 2023 by Flare Real Estate
2017
Sold
$400,000
Sold After Auction on 13 Mar 2017 by Michael Townsend, of McGrath Brighton

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 1 bedroom apartments in Elwood

In the last 12 months, 118 one-bedroom apartments similar to 2/89 Ormond Rd, have been sold.

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

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