Back 38 Southey St
Off Market

38 Southey St

Elwood VIC 3184

4
2
2
500 m²
House
Will JohnsonWill Johnson, last sold this property on 30 March 2026 after 67 days on market.

Overview

A Rare Elwood Gem: Expansive Living with Dual Potential

SOLD BY WILL JOHNSON Discover an unparalleled beachside opportunity in one of Elwood's most coveted and treelined pockets. Positioned on a substantial 500 sqm (approx.) allotment, this sensational 4-bedroom, 2-bathroom freestanding residence seamlessly blends Art Deco charm with contemporary flair, offering a lifestyle of absolute distinction. A rare opportunity in a tightly held Elwood street, this expansive allotment features a home that blends Edwardian origins with a timeless makeover and potential for further contemporary enhancements. Beyond the character-filled double-fronted facade, a flexible floorplan unfolds, revealing an elegant formal lounge and expansive dining area, serviced by a stylish kitchen equipped with quality appliances. The spacious main bedroom at the front of the dwelling has access to a large dressing room or potential study, rounded out by two additional well-sized bedrooms. The addition of a vast second living area or rumpus room at the rear offers superb versatility and effortless flow to an entertainer's deck and tranquil garden oasis. This sun-drenched back area also features a newly renovated detached studio-a generous private sanctuary perfect for extended families, teenagers, or a home office. The property is further enhanced by solid timber floors, stunning 3.4-meter ceilings, a front balcony, and a double garage/workshop with conversion potential. This home is in a highly desirable location within walking distance to Elwood Primary School and Elwood College, Tennyson Village, Ormond Road shopping precinct, beautiful parks and beaches plus public transport at Ripponlea train station. All information provided, including floorplans, room dimensions, and land size, is indicative only and intended for general guidance. Belle Property does not guarantee the accuracy or completeness of any plans, illustrations, or representations shown in marketing materials. We recommend that all prospective buyers conduct their own research, seek independent advice, and confirm all details independently prior to making any property-related decisions. Belle Property accepts no responsibility for any discrepancies or misstatements.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
500 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Elwood over the last 12 months, the estimated median property value of 38 Southey St is $2.52m.

Median value
$2.52m
Estimated value range
$1.8m - $4m
Median days on market
33
Estimated value trend
-9%
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 38 Southey St

2026
Sold
Undisclosed
30 Mar 2026 by Will Johnson, of Belle Property Brighton
2020
Sold
Undisclosed
Private Sale/Treaty on 14 Aug 2020 by Torsten Kasper, of Jellis Craig Elwood
2011
Sold
$1,307,500
Auction Sale on 29 Oct 2011 by Matthew Young, of Buxton Port Phillip - St Kilda

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 93 reviews in Elwood over the last 12 months.

Local market activity for 4 bedroom houses in Elwood

In the last 12 months, 34 four-bedroom houses similar to 38 Southey St, have been sold.

This represents a 23% increase in four-bedroom houses sales when compared to the previous 12 months.

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