Elwood's remarkable price growth: Elwood Suburb Profile | Lion Property Group
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In this video, our Head of Developments explains why the little suburb of Elwood is about to become like Brighton, it’s much bigger and more well-known neighbour.
Elwood has been maturing over the last five to ten years and we’re now starting to see projects come to market with asking prices in the $3 million to $4 million range.
Sites in Elwood are tightly held and the Heritage overlays in the zoning means that there are a lot fewer opportunities to develop in Elwood — which makes new properties there highly sought after.
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