Back 5/22 Pine Avenue
Off Market

5/22 Pine Avenue

Elwood VIC 3184

2
1
1
Apartment
Trish MulcahyTrish Mulcahy, last sold this property on 21 March 2026 after 30 days on market.

Overview

Deco By The Bay Lock-Up Garage

Taking in tranquil garden outlooks from its coveted rear position, this beautifully renovated Art Deco apartment delivers house-sized proportions and exceptional comfort in a truly sought-after Elwood locale. On the ground floor of a boutique group of just six residences and primed for immediate enjoyment, the easily accessible 2-bedroom abode is one that will instantly tug at the heartstrings. With a fireplace and broad picture windows framing leafy views, the welcoming living/dining zone is both spacious and warm & inviting, while the stunning entertainer's kitchen impresses with waterfall-edge stone benchtops and premium appliances, including a stainless steel dishwasher, gas cooktop and Franke oven. Both bedrooms are king-sized and feature built-in storage. They share a stylishy-appointed central bathroom with floor-to-ceiling tiles, a walk-in shower, floating vanity and mirrored storage. Offering both ducted heating and split system heating/cooling, the home also features space for a washing machine, a pull-out pantry, hall storage and rear access to a shared courtyard plus a lock-up garage with remote-controlled door and power via a rear laneway. With a prestigious Golden Mile address, the home is within footsteps of magnificent Elwood beach and bay trails, the attractions of the village and public transport. Elsternwick Park and the area's schooling options are also close by.

Features

2 bedrooms
1 bathroom
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 5/22 Pine Avenue is $710k.

Median value
$710k
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 5/22 Pine Avenue

2026
Sold
Undisclosed
Auction Sale on 21 Mar 2026 by Trish Mulcahy, of Jellis Craig Elwood
2024
Rented
Undisclosed
Leased on 13 Mar 2024 by Jellis Craig Elwood
2023
Rented
Undisclosed
Leased on 08 Jan 2023 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 93 reviews in Elwood over the last 12 months.

Local market activity for 2 bedroom apartments in Elwood

In the last 12 months, 227 two-bedroom apartments similar to 5/22 Pine Avenue, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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