Back 8/5 Addison Street
Off Market

8/5 Addison Street

Elwood VIC 3184

2
1
1
Apartment
Last sold for $632,000
Daniel PeerDaniel Peer, last sold this property on 14 August 2026 after 31 days on market.

Overview

Leafy living, coveted Elwood lifestyle

Tucked away in a peaceful tree-lined street, this beautifully presented ground-floor apartment combines generous proportions, abundant natural light & an inviting indoor-outdoor lifestyle in one of Elwood's most coveted pockets. Timber flooring flows throughout a spacious open-plan living & dining room, where oversized picture windows frame leafy outlooks & fill the home with natural light. The well-appointed kitchen offers excellent storage, gas cooking, dishwasher & integrated laundry facilities, providing everyday practicality with timeless appeal. Privately zoned, the two generous bedrooms both feature built-in robes, with the main bedroom enjoying direct access to a secluded courtyard the perfect spot for a morning coffee or quiet afternoon in the sun. A central bathroom with shower-over-bath services the accommodation, while a separate outdoor storage room adds valuable convenience. Ideal for first home buyers, downsizers & investors alike, this low-maintenance home enjoys a prized Elwood address just moments from Elwood Village, Ormond Road's vibrant cafés & restaurants, beautiful Elwood Beach, parklands & excellent public transport, delivering an enviable bayside lifestyle.

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 8/5 Addison Street is $701.5k.

Median value
$701.5k
Estimated value range
$410k - $1.7m
Median days on market
25
Estimated value trend
5%
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 8/5 Addison Street

2026
Sold
$632,000
Private Sale/Treaty on 14 Aug 2026 by Daniel Peer, of Gary Peer & Associates - Caulfield

Happy sellers in Elwood

72%
72% 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 82 reviews in Elwood over the last 12 months.

Local market activity for 2 bedroom apartments in Elwood

In the last 12 months, 235 two-bedroom apartments similar to 8/5 Addison Street, have been sold.

This represents a 8% increase in two-bedroom apartments sales when compared to the previous 12 months.

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