Back 5/46 Ormond Esplanade
Off Market

5/46 Ormond Esplanade

Elwood VIC 3184

1
1
1
Apartment
Last sold for $411,000
Michael TownsendMichael Townsend, last sold this property on 30 November 2013 after 24 days on market.

Overview

Executor’s Auction - Bayside Bargain By The Beach

You won’t find a more affordable entry to the booming bayside market than this ground floor 1-bedroom corner apartment, superbly positioned directly opposite the Elwood foreshore and a short stroll to the local delights of this renowned locale. Featuring a separate kitchen and a bright bedroom with BIRs, the spacious corner lounge/dining room steps through to an enclosed west-facing balcony awash with direct afternoon sunlight. With plenty of scope for an interior upgrade, refit or a complete overhaul to create the perfect beachside pad, proximity to beautiful stretches of sandy beaches and the quaint surrounds of Elwood Village is sure to appeal to intrepid investors. Includes an off-street car space and a bathroom with a shower recess, a separate bathtub and laundry facilities.

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 5/46 Ormond Esplanade 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 5/46 Ormond Esplanade

2023
Rented
Undisclosed
Leased on 18 Jan 2023 by Jellis Craig Elwood
2021
Rented
Undisclosed
Leased on 08 Nov 2021 by Jellis Craig Elwood
2013
Sold
$411,000
Auction Sale on 30 Nov 2013 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 5/46 Ormond Esplanade, have been sold.

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

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