Back 5/9 Southey St
Off Market

5/9 Southey St

Elwood VIC 3184

1
1
2
Apartment
Last sold for $460,000
Kristian BonniciKristian Bonnici, last sold this property on 14 March 2024 after 8 days on market.

Overview

Fabulous Alfresco, Prime Location

Be dazzled by the spacious wrap around courtyard and charmed by the iconic Deansgate building this Georgian Style Revival one bedroom apartment is situated in. Close to the serene Botanical Gardens of St Kilda and tucked between the stunning Elwood beach/foreshore and Acland Street shops with its bustle and vibe, this property is set in a tree lined street perfect for morning walks. A open living/dining room, kitchen with contemporary stainless-steel oven and ceramic cooktop, a bedroom and ensuite tiled bathroom, the inside of the apartment beautifully merges with the outdoor surrounds, where the lure to chill and entertain is heightened by the sheer enormity of the space. The apartment features: - 2 Car parks - Brand new cook top - Brand new water heater - A recently installed heater - In built shelving - Intercom entry - Shed - Apartment has been freshly painted The approximate rental return is between $440 to $480 per week The annual administrative levy fees are approximately $1,710 per annum The annual maintenance levy fees are approximately $380 per annum

Features

1 bedroom
1 bathroom
2 carspaces
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 5/9 Southey St 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 5/9 Southey St

2024
Sold
$460,000
Private Sale/Treaty on 14 Mar 2024 by Kristian Bonnici, of Bonnici Real Estate
2019
Sold
Undisclosed
11 Oct 2019 by David Sullivan, of Belle Property St Kilda
2017
Sold
$401,500
15 Sep 2017 by David Sullivan, of Belle Property 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 91 reviews in Elwood over the last 12 months.

Local market activity for 1 bedroom apartments in Elwood

In the last 12 months, 111 one-bedroom apartments similar to 5/9 Southey St, have been sold.

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

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