Back 7/88 Orrong Road
Off Market

7/88 Orrong Road

Elsternwick VIC 3185

2
1
1
Apartment
Last sold for $540,000
Simone ChinSimone Chin, last sold this property on 10 December 2014 after 111 days on market.

Overview

Picturesque “Palmyra” Over 55s Independent Living

Quietly positioned at the rear of a heritage-listed homestead, this elegant two-bedroom apartment sits on the ground floor of a boutique block of retirement residences. Owing to it’s previous life, the communal areas of “Palmyra” have retained a warm, inviting atmosphere characterized by dark floorboards, open fireplaces and a rich colour palette, and an oriental garden imbues the decked, outdoor BBQ area with an air of style and sophistication. Inside, both bedrooms feature built-in-robes and garden views, while a large bathroom has been designed for ease of movement and safety. A full, Euro-appointed kitchen adjoins the large, open plan living/dining room, and sliding doors open onto a private back deck and garden path that leads down to a second entrance on King Street. Also featuring 24/7 manager on duty, lift access, ducted heating/cooling, storage cage and secure car park, one block from the cafes, shops, restaurants and movie theatre of Elsternwick Main Street. For further details please call Simone Chin on 0403 857 266.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Elsternwick over the last 12 months, the estimated median property value of 7/88 Orrong Road is $677.5k.

Median value
$677.5k
Estimated value range
$500k - $1.09m
Median days on market
27
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elsternwick. 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 7/88 Orrong Road

2014
Sold
$540,000
Private Sale/Treaty on 10 Dec 2014 by Simone Chin, of Hodges Brighton

Happy sellers in Elsternwick

68%
68% of sellers in Elsternwick reported that their sale price either exceeded or met their price expectations.

Elsternwick stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Elsternwick over the last 12 months.

Local market activity for 2 bedroom apartments in Elsternwick

In the last 12 months, 68 two-bedroom apartments similar to 7/88 Orrong Road, have been sold.

This represents a 30% increase in two-bedroom apartments sales when compared to the previous 12 months.

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