2/165 Glen Huntly Road, Elwood VIC 3184
2/165 Glen Huntly Road, Elwood VIC 3184
Ground-floor rear apartment | 85 sqm of genuine space | Art Deco character retained | One of only four in the block | Secure parking included
What is competitively strong or rare about this property is its combination of genuine size, ground-floor convenience, and low-density scale in a suburb where newer apartments tend to be smaller and stacked higher. The rear position reduces street noise while keeping walkable access to Elwood’s village amenity and the bay. An owner-occupier seeking a quiet, character-filled home with parking and no stairs is best served here, as is an investor targeting the established rental demand for this specific configuration.
The value of this property may be most affected by its lack of a documented renovation history, meaning an older interior could require immediate updating that a buyer should cost before forming a price view. The Art Deco character is a genuine draw for a segment of buyers, but it may also limit appeal for those wanting a modern open-plan layout. The implied rental yield from the building’s recent benchmark is reasonable for the area, though a buyer should verify whether this unit’s rear position commands the same rent as the front-facing comparable.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/165 Glen Huntly Road, Elwood VIC 3184
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Elwood presents a well-established bayside market with strong appeal to both families and professionals, driven by its coastal lifestyle and excellent transport links. Demand is underpinned by a mix of owner-occupiers and investors, the latter attracted by solid rental yields. Recent price trends for houses show volatility, with a softening market, while the unit segment has demonstrated greater stability. Future growth will be supported by sustained buyer interest and high sales volumes, though high price points and sensitivity to economic conditions present ongoing affordability constraints.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
517m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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