8/129 Brighton Road, Elwood VIC 3184
8/129 Brighton Road, Elwood VIC 3184
2-bed 1-bath 1-car unit | Clear school catchment to St Kilda Primary and Elwood College | No flood, bushfire or heritage overlay | Older low-rise period stock | Beach and tram walkable
Competitive strength is found in the school catchment, which is shared with St Kilda Primary and Elwood College, a rare advantage for apartment buyers. The low-rise period character is aligned with the established Brighton Road corridor, and no flood, bushfire or heritage overlays have been detected on the property. A mature family or downsizer is best suited to this unit, where proximity to the beach, tram access and village retail is valued over new finishes or building facilities.
Value may be materially affected by the condition of the building’s common areas and the unit’s interior, as older stock often requires maintenance. A premium might be commanded by a well-preserved presentation, while the school catchment and car space are expected to underpin demand. No flood or heritage overlay has been identified, which limits downside, but a price ceiling might be set by the extent of any needed renovation.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/129 Brighton Road, Elwood VIC 3184
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✓
Execution Risk
!
1
Market Insight
Elwood is a bayside suburb on Port Phillip Bay, with tram/train links along Glen Huntly and Ormond Roads to the CBD and esplanade cycling paths. Demand is driven by families, singles, owner-occupiers and renters; professionals and downsizers are active in 3–4 bedroom houses ($1.99m–$3.02m) and 1–3 bedroom units. House prices are mixed: medians span $1.951m–$2.265m, annual growth from -7.3% to +3.4%, quarterly -2.3%. Units range $626k–$650k, with 12-month declines up to 5.1%. Houses sell in 33–50 days; auction clearance is 58.4%–70.2%, with 117–156 house and 375–457 unit sales annually. Rental demand is firm: house rents rose 10%, unit yields hit 4.6%. Future growth rests on connectivity, beachfront amenity and turnover. Key constraints: affordability (houses roughly double the $974k metro median), price volatility, and a 36.8% increase in house sales signalling supply response.
PropCred Estimated Value
Comparable Sales: 5/22 Pine Avenue, Elwood sold for $825,000 | Property Price Band: $800,000-$900,000 | Value Drivers: school catchment, car space, no overlays
Bedrooms
2
Bathroom
1
Parking
1
Land
844m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These recent property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
- 8 Oakes Place, Golden Square VIC 3555 — 6 bed · 4 bath · 2 car
- 72 Breasley Parkway, Point Cook VIC 3030 — 4 bed · 2 bath · 2 car
- 94 Lawn Cres, Braybrook VIC 3019 — 3 bed · 2 bath · 1 car
- 1 Carlow Walk, Lalor VIC 3075 — 3 bed · 2 bath · 2 car
- 7 Grant Street, Sebastopol VIC 3356 — 3 bed · 2 bath · 1 car
- 491 Napier Street, White Hills VIC 3550 — 3 bed · 1 bath · 1 car
- 1/84 Opie Road, Albanvale VIC 3021 — 3 bed · 2 bath · 1 car
- 263 Horsham-Noradjuha Road, Lower Norton VIC 3401 — 4 bed · 3 bath · 2 car
- 164 Aylmer Road, Lyndhurst VIC 3975 — 4 bed · 2 bath · - car
- 13 Hemsley Drive, Deer Park VIC 3023 — 4 bed · 2 bath · 2 car
- 189 Cherry Tree Road, Bailieston VIC 3608 — 2 bed · 1 bath · 1 car
- 7 Oakdene Court, Ballarat North VIC 3350 — 4 bed · 2 bath · - car
- 15 Cavendish Street, Portland North VIC 3305 — 5 bed · 2 bath · 2 car
- 5 Kent Court, Mansfield VIC 3722 — 4 bed · 2 bath · 1 car
- 8 Rogers Court, Sunbury VIC 3429 — 4 bed · 2 bath · 2 car
- 15 Dexter Grove, Point Cook VIC 3030 — 3 bed · 2 bath · 2 car
- 895 Sayers Road, Tarneit VIC 3029 — 4 bed · 2 bath · - car
- 9 Bovard Close, Caroline Springs VIC 3023 — 3 bed · 2 bath · - car
- 1/1 Gumbri Place, Brunswick VIC 3056 — 2 bed · 1 bath · 1 car
- 21 Cedarville Close, Highton VIC 3216 — 4 bed · 2 bath · 2 car
- 1 Gowanbrae Drive, Gowanbrae VIC 3043 — 3 bed · 2 bath · 2 car
- 210 Harrisons Back Road, Moonambel VIC 3478 — 3 bed · 1 bath · 6 car
- 3/49-51 Bay Road, Sandringham VIC 3191 — 3 bed · 2 bath · 2 car
- 10/12 Maryville Street, Ripponlea VIC 3185 — 2 bed · 1 bath · 1 car
- 94 Amberly Park Drive, Narre Warren South VIC 3805 — 4 bed · 1 bath · 1 car
- 31 Kensington Cres, Altona Meadows VIC 3028 — 4 bed · 2 bath · - car
- 15 Magpie Avenue, Metung VIC 3904 — 3 bed · 2 bath · 2 car
- 2B Wharton Avenue, Broadmeadows VIC 3047 — 3 bed · 2 bath · 2 car
- 28 Cornwell Cres, Cranbourne East VIC 3977 — 5 bed · 2 bath · 2 car
- 21 Findon Road, Epping VIC 3076 — 4 bed · 2 bath · 4 car
- 3 Cedarwood Cres, Berwick VIC 3806 — 4 bed · 3 bath · 2 car
- 4/270 Shaws Road, Werribee VIC 3030 — 3 bed · 2 bath · - car
- 75 Signature Boulevard, Point Cook VIC 3030 — 3 bed · 2 bath · 2 car
- 1 Pine Ridge Road, Kinglake West VIC 3757 — 4 bed · 2 bath · 4 car
- 4 Seabrook Boulevard, Seabrook VIC 3028 — 4 bed · 2 bath · 3 car
- 6/96 Wells Street, Southbank VIC 3006 — 3 bed · 2 bath · 1 car
- 61 Swanston Street, Heidelberg Heights VIC 3081 — 2 bed · 1 bath · 2 car
- 27 Scenic Cres, Ballarat North VIC 3350 — 4 bed · 2 bath · - car
- 23 New Street, South Kingsville VIC 3015 — 2 bed · 1 bath · - car
- 5 Quinn Street, Bell Post Hill VIC 3215 — 3 bed · 2 bath · - car
- 2/12 Golden Avenue, Bonbeach VIC 3196 — 2 bed · 1 bath · 1 car
- 254 Wright Street, Westmeadows VIC 3049 — 4 bed · 1 bath · 3 car
- 44 Goulburn Road, Echuca VIC 3564 — 3 bed · 2 bath · 2 car
- 1/24 Widford Street, Glenroy VIC 3046 — 2 bed · 1 bath · 1 car
- 12 Bellevue Avenue, Rosanna VIC 3084 — 3 bed · 1 bath · 2 car
- 671-719 Banks Road, Marcus Hill VIC 3222 — 4 bed · 2 bath · 3 car
- 1 Jurat Road, Lilydale VIC 3140 — 2 bed · 1 bath · - car
- 47 Hick Street, Spotswood VIC 3015 — 5 bed · 3 bath · 2 car
- 125 Calder Highway, Diggers Rest VIC 3427 — 4 bed · 2 bath · 4 car
- 29 Alicia Street, Bell Park VIC 3215 — 3 bed · 1 bath · 2 car
- 2/8 The Strand, Williamstown VIC 3016 — 2 bed · 1 bath · - car
- 35 Thornton Road, Lara VIC 3212 — 3 bed · 1 bath · 4 car
- 2/6 Tracey Cres, Brighton VIC 3186 — 3 bed · 2 bath · 2 car
- 27 Turnbull Street, Sale VIC 3850 — 3 bed · 1 bath · 2 car
- 88 Tyquin Street, Laverton VIC 3028 — 3 bed · 1 bath · 2 car
- 11B Urquhart Street, Woodend VIC 3442 — 3 bed · 2 bath · 2 car
- 15 Vanessa Court, Oakleigh South VIC 3167 — 3 bed · 2 bath · 2 car
- 6/13 Wallarano Drive, Noble Park VIC 3174 — 2 bed · 1 bath · 1 car
- 112 Weeroona Street, Rye VIC 3941 — 3 bed · 1 bath · 2 car
- 43 Westmoreland Road, Sunshine North VIC 3020 — 3 bed · 1 bath · 1 car
- 134 Woodland Street, Strathmore VIC 3041 — 3 bed · 1 bath · 2 car
- 4 Yuille Street, Frankston VIC 3199 — 2 bed · 1 bath · 1 car
- 7 Victory Parade, Ascot Vale VIC 3032 — 3 bed · 2 bath · 1 car
- 1/24 Hansen Street, Mount Waverley VIC 3149 — 3 bed · 1 bath · 1 car
- 270 Ferrars Street, South Melbourne VIC 3205 — 2 bed · 1 bath · - car
- 8/52 Westgarth Street, Northcote VIC 3070 — 2 bed · 1 bath · 2 car
- 2/3 Bowen Road, Doncaster East VIC 3109 — 2 bed · 1 bath · 1 car
- 9 Pascoe Street, Echuca VIC 3564 — 3 bed · 1 bath · 2 car
- 10 Pecan Court, Frankston North VIC 3200 — 3 bed · 1 bath · 4 car
- 10 Polly Woodside Drive, Altona Meadows VIC 3028 — 3 bed · 2 bath · 2 car
- 23 Princess Street, Maffra VIC 3860 — 2 bed · 1 bath · - car
- 2/11-13 Ramsay Street, Bayswater North VIC 3153 — 2 bed · 1 bath · 1 car
- 26 Riddle Street, Bentleigh VIC 3204 — 5 bed · 1 bath · 3 car
- 33 Robin Street, Lakes Entrance VIC 3909 — 4 bed · 2 bath · 2 car
- 7 Steele Street, Newport VIC 3015 — 3 bed · 1 bath · 1 car
- 23 Tandarra Cres, Lalor VIC 3075 — 3 bed · 1 bath · 1 car
- 18 Taupo Cres, Rowville VIC 3178 — 3 bed · 2 bath · 2 car
- 7/17 Johnson Street, St Kilda East VIC 3183 — 3 bed · 1 bath · 1 car
- 101/26-28 Broadway, Elwood VIC 3184 — 2 bed · 2 bath · 2 car
- 3/2 Pilley Street, St Kilda East VIC 3183 — 2 bed · 1 bath · 2 car
- 16 Myrtle Street, St Kilda East VIC 3183 — 4 bed · 2 bath · 2 car
- 206 Tennyson Street, Elwood VIC 3184 — 4 bed · 3 bath · 2 car
- 1/21 College Street, Elsternwick VIC 3185 — 2 bed · 1 bath · 2 car
- 104/27 Lansdowne Road, St Kilda East VIC 3183 — 2 bed · 1 bath · 1 car
- 7/224 Alma Road, St Kilda East VIC 3183 — 2 bed · 1 bath · 1 car
- 45 Leslie Street, St Kilda East VIC 3183 — 2 bed · 1 bath · - car
- 64A Goldsmith Street, Elwood VIC 3184 — 3 bed · 2 bath · 2 car
- 1/307 Inkerman Street, Balaclava VIC 3183 — 2 bed · 1 bath · 1 car
- 459 St Kilda Street, Elwood VIC 3184 — 3 bed · 2 bath · 2 car
- 5 Edward Street, Balaclava VIC 3183 — 3 bed · 2 bath · 1 car
- 5/16 Hughenden Road, St Kilda East VIC 3183 — 2 bed · 1 bath · 1 car
- 15/33 Hotham Street, St Kilda East VIC 3183 — 2 bed · 1 bath · 2 car
- 1/157 Brighton Road, Elwood VIC 3184 — 2 bed · 1 bath · 1 car
- 6/136 Alma Road, St Kilda East VIC 3183 — 2 bed · 1 bath · 1 car
- 7/6 May Street, Elwood VIC 3184 — 2 bed · 1 bath · - car
- 210/483 Glen Huntly Road, Elsternwick VIC 3185 — 2 bed · 2 bath · 1 car
- 20/88 Orrong Road, Elsternwick VIC 3185 — 2 bed · 1 bath · 1 car
- 25A Scott Street, Elwood VIC 3184 — 2 bed · 1 bath · 2 car
- 8/191 Brighton Road, Elwood VIC 3184 — 2 bed · 1 bath · 1 car
- 10 Elm Avenue, Elsternwick VIC 3185 — 2 bed · 1 bath · 2 car