Back 5/3 Milton Street
Off Market

5/3 Milton Street

Elwood VIC 3184

2
1
1
Apartment
Daniel PeerDaniel Peer, last sold this property on 03 September 2026 after 23 days on market.

Overview

Sought-after space in a spectacular setting in boutique block of 9

Occupying a peaceful rear position on the first floor of a boutique solid-brick block. This two-bedroom Elwood classic delivers oversized proportions & two balconies in one of this pocket's most prized streets. Beyond secure intercom entry, the inviting interior is topped by high ceilings, grounded by original parquet flooring & lined with large windows throughout, revealing a spacious living zone with a covered balcony. A separate kitchen & meals welcomes in streams of northern sunlight & is fitted with granite benchtops, an integrated gas cooktop & oven (both Smeg) & a stainless steel dishwasher. A second sunlit balcony runs off the kitchen. The two extra-large bedrooms are fitted with built-in robes & are serviced by a central bathroom with bath, laundry facilities & separate toilet. The home is complete with split-system climate control, panel heater in lounge room & secure remote off-street parking on title. Further enhancing the incredible lifestyle appeal of its surrounds, enjoy excellent coffee, dining & convenient access to Chemist Warehouse, medical centre, health & wellness centre, post office & bottle shop just metres away on Brighton Road. Plus, the shopping & dining hubs of Elwood, Balaclava & Windsor within easy reach, Brighton Road trams, the stunning St Kilda Botanic Gardens, Acland Street & the Elwood foreshore just around the corner.

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 5/3 Milton Street is $695k.

Median value
$695k
Estimated value range
$410k - $1.7m
Median days on market
25
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 5/3 Milton Street

2026
Sold
Undisclosed
Sold Before Auction on 03 Sep 2026 by Daniel Peer, of Gary Peer & Associates - Caulfield
2021
Rented
Undisclosed
Leased on 11 Dec 2021 by Jellis Craig Elwood

Happy sellers in Elwood

78%
78% 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 77 reviews in Elwood over the last 12 months.

Local market activity for 2 bedroom apartments in Elwood

In the last 12 months, 222 two-bedroom apartments similar to 5/3 Milton Street, have been sold.

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

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