Back 4/9 Southey St
Off Market

4/9 Southey St

Elwood VIC 3184

1
1
Apartment
Last sold for $387,000
Sam InanSam Inan, last sold this property on 23 July 2026 after 36 days on market.

Overview

Leafy Elwood Living with a Private Entertainer's Courtyard and returning approx. 6% yield

SOLD BY SAM INAN Excellent investment opportunity with a secure lease until October 2027, delivering an attractive return of approximately 6% and is complemented by low owners corporation fees and minimal outgoings. Nestled within one of Elwood's picturesque tree-lined streets, this beautifully presented ground-floor apartment offers a seamless blend of style, comfort and low-maintenance living in a highly sought-after bayside setting. Bathed in natural light and finished with engineered oak flooring throughout, the inviting interior features a spacious open-plan living and dining area alongside a well-appointed kitchen fitted with a dishwasher and near-new appliances. Large bi-fold doors create a seamless connection between indoors and out, opening onto an expansive private courtyard that serves as a true extension of the living space. Complete with enclosed storage and ample room for entertaining, relaxing or enjoying your morning coffee, it's a rare outdoor retreat in the heart of Elwood. The generous bedroom is fitted with built-in robes and enjoys the comfort of a stylish bathroom featuring a spacious shower, while thoughtful additions such as double-glazed windows in both the bedroom and kitchen, a Euro laundry and communal bike storage further enhance the home's practicality and appeal. Perfectly positioned to enjoy Elwood's renowned village atmosphere, cafés, parks and beachside attractions, this appealing residence presents an outstanding opportunity for first-home buyers, downsizers and investors seeking an effortless lifestyle in one of Melbourne's most desirable bayside suburbs. Disclaimer: 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

1 bedroom
1 bathroom
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 4/9 Southey St is $420k.

Median value
$420k
Estimated value range
$263k - $650k
Median days on market
27
Estimated value trend
1%
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 4/9 Southey St

2026
Sold
$387,000
23 Jul 2026 by Sam Inan, of Belle Property St Kilda
2024
Rented
Undisclosed
Leased on 13 Oct 2024 by Silver Service Real Estate Pty Ltd
2023
Rented
Undisclosed
Leased on 30 Aug 2023 by RT Edgar Boroondara

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 1 bedroom apartments in Elwood

In the last 12 months, 108 one-bedroom apartments similar to 4/9 Southey St, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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