Elwood

Print This Post Print This Post

Elwood is 8km south east of Melbourne’s CBD with a population of 13,785 (2006 census).  Elwood median age is 34 years and shows a fairly even split between those who own and those who rent. The suburb is popular with a wide demographic and as such property prices perform extremely well in terms of capital growth.  Close to the beach, with an adorable Village atmosphere, the streets are attractive and tree lined, and there is a distinctive ‘culture’ surrounding the over all feel of the suburb.

Elwood was originally swamp land, however the addition of the Elwood canal which runs through the centre of the suburb righted the ecological balance.

To truly understand the attraction of Elwood takes a visit. It’s a suburb that pulls on the heart strings and any apposition in this area promises to be an excellent long term investment.


Amenities:

Schools:

Saint Columba’s Primary

Elwood primary,

Elwood College

Transport:

Elwood doesn’t have transport facilities outside its bus routes, however it’s possible from some areas in the suburb to walk to Gardenvale or Elsternwick Train station, and a tram service runs nearby on St Kilda Road.

Shopping

Elwood Village is located on Ormond road and contains attractive boutiques, restaurants and cafes.


House Styles:

Elwood’s property landscape is mostly a mix of apartment blocks – many are period in style (Art Deco), however original 1970’s apartment blocks are also common along with modern additions as the limited land forces the suburb to expand upwards.

Detached housing comes at a high price and is commonly period Edwardian or Victorian architecture. Modern town houses have dotted the landscape and appeal to young professional couples who enjoy being located close to the city and many delights of Acland St in the neighbouring suburb of St Kilda.


Recent Sales:

Share this Market Comment

About the author

Top