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Strata Unit 1,
7 ROBERT STREET Elwood VIC 3184

This property is Off Market

All about Elwood Homes for sale in Elwood


  • The Average property price in this area is $1,608,527, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 1.30 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Belle Property 30A WAVE ST, $2,200,000 - $2,400,000 4 Beds - 3 Baths - 1 Parking Within 0.6 km Belle Property UNIT 4, 70 GLEN HUNTLY RD, $791,000 - $870,000 2 Beds - 1 Baths - 1 Parking Within 0.6 km Belle Property 72 BYRON ST, Expressions of Interest close Thurs 28 Nov 2pm 3 Beds - 1 Baths - 2 Parking Within 0.7 km Belle Property UNIT 1, 503 ST KILDA ST, Under Contract 2 Beds - 1 Baths - 1 Parking Within 0.7 km Belle Property STRATA UNIT 25, 9 SOUTHEY ST, $330,000 - $360,000 1 Beds - 1 Baths - Parking Within 0.7 km Professionals UNIT 3, 3 MEREDITH ST, $1,200,000 - $1,300,000 2 Beds - 1 Baths - 1 Parking Within 0.8 km Nelson Alexander UNIT 1, 71 ORMOND RD, Private Sale $749,000 2 Beds - 1 Baths - 1 Parking Within 0.8 km Belle Property UNIT G09, 35 ORMOND RD, Under Offer 1 Beds - 1 Baths - 1 Parking Within 0.8 km Belle Property UNIT 104, 96 ORMOND RD, $585,000 2 Beds - 1 Baths - 1 Parking Within 0.8 km Belle Property UNIT 17, 24 TENNYSON ST, $295,000 - $320,000 1 Beds - 1 Baths - Parking Within 0.8 km Belle Property UNIT 1, 29 DICKENS ST, $820,000 - $850,000 3 Beds - 1 Baths - 1 Parking Within 0.9 km Professionals 1 BYRNE AV, $3,325,000 3 Beds - 2 Baths - 3 Parking Within 0.9 km Ray White FLAT G10, 2 KINGSLEY ST, 680000 2 Beds - 2 Baths - 1 Parking Within 1.0 km Belle Property UNIT 9, 4 RUSKIN ST, $362,000 1 Beds - 1 Baths - 1 Parking Within 1.0 km Professionals UNIT 7, 282 BARKLY ST, $375,000 1 Beds - 1 Baths - Parking Within 1.1 km Century 21 5 BLUFF AV, $2,050,000 2 Beds - 1 Baths - 4 Parking Within 1.1 km Belle Property UNIT 1, 74 DICKENS ST, $4,600,000 - $5,000,000 12 Beds - 6 Baths - 4 Parking Within 1.2 km Ray White UNIT 3, 56 MARINE PDE, 2200000 3 Beds - 2 Baths - 2 Parking Within 1.3 km

Recently Sold Properties in this Area

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About Elwood

With an average age of 37, households expect an average monthly mortgage payment of $3,033 or a weekly rent payment of $397. The average family earns a weekly income of $4,518 with a typical household size of 2.1 and a 96.95% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Elwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Elwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Elwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1344 asthma sufferers and 460 people living with diabetes. In addition, 450 people have a heart/vascular condition and 870 people live with three or more chronic diseases.

A good place to invest in property?

Elwood a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

76 / 100

52 / 100

Industry

43 / 100

17 / 100

Population

64 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

62 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Elwood Primary School Elwood College
  • Elwood Primary School

    Elwood, VIC, 3184 State Prep-6

  • St Joseph's School

    Elsternwick, VIC, 3185 Independent Prep-6

  • Beth Rivkah Ladies College

    St Kilda East, VIC, 3183 Independent Prep-12

  • St Kilda Primary School

    St Kilda, VIC, 3182 State Prep-6

  • Sholem Aleichem College

    Elsternwick, VIC, 3185 Independent Prep-6

  • Yesodei HaTorah College

    Elwood, VIC, 3184 Independent Prep-12

  • Caulfield Grammar School

    St Kilda East, VIC, 3183 Independent Prep-12

  • St Columba's School

    Elwood, VIC, 3184 Independent Prep-6

  • Ripponlea Primary School

    St Kilda East, VIC, 3183 State Prep-6

  • Elwood College

    Elwood, VIC, 3184 State 7-12


Property Story

Strata Unit 1, 7 Robert Street, Elwood, Vic, 3184 is a residential property . The estimated distance to the sea is only 1.3km and at least 3.1KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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