Elwood is located 8 km south of the CBD. Located along Port Phillip Bay in Melbourne's inner south Elwood is one of the most densely settled suburbs in Melbourne at just under 5000 persons per square kilometre. The suburb also has many small households with almost half comprised of just one person. The area also has a high proportion of medium and high density dwellings the majority of which are one and two bedrooms in size. The suburb also features Elwood Beach Elwood Canal and the Point Ormond Reserve.