SOLD
RECENT ADVICE
Sold on 14 Sep 2024 for $2,200,000

42 Shelley Street
Elwood VIC 3184

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 484m2
Sold By
Jellis Craig Port Phillip
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Property Details for 42 Shelley St, Elwood

42 Shelley St, Elwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 484m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Elwood in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
120m2
Land Size
484m2
Local Government
Port Phillip
Lot/Plan
1/TP224869

Last Listing description (September 2024)

Resplendent with period elegance and modern-day appeal, this gracious solid brick Edwardian residence's generosity of space, original charm and deep garden represents a significant opportunity to renovate, rebuild or develop in a coveted location just metres from Elwood foreshore. With approved architectural plans by Richard Beel, who works for the acclaimed Carr Architecture, this large corner allotment offers a wealth of possibilities-whether you choose to settle in comfortably, make a savvy investment, or envision a family masterpiece for the future (STCA).

Commanding a prime position at the junction of Shelley and Addison Streets, this Elwood residence boasts a bright interior that unfolds across a seamless single-level layout. A wide central hallway leads to a refined formal living room with a fireplace, complemented by two spacious bedrooms, and a study/nursery. Substantial open-plan living and dining rooms make the most of their northern aspect, opening to the red brick terrace and yard for alfresco entertaining, headlined by a well-appointed granite-bench kitchen.

Complete with heating/cooling and ample off-street parking; this rare beachside opportunity provides the luxury of immediate turnkey living and approval for an exceptional family future, steps from trams, Elwood Primary School, Elwood College, charming village cafes, Acland Street shopping, and the beach. Land size: 484 sqm approx.

Images 12-15 are rendered images.

Property History for 42 Shelley St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$2,200,000
14 Sep 2024
  • 14 Sep 2024
    Sold for $2,200,000
  • 21 Aug 2024
    Listed for Sale Auction Saturday 14th September, 1:30pm
  • 17 May 2021
    Sold for $2,400,000
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About Elwood 3184

The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14% of total area. The population of Elwood in 2011 was 14,637 people. By 2016 the population was 15,548 showing a population growth of 6.2% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation. In 2011, 42.4% of the homes in Elwood were owner-occupied compared with 41.9% in 2016.

Elwood has 10,123 properties. Over the last 5 years, Houses in Elwood have seen a 2.81% increase in median value, while Units have seen a 1.73% increase. As at 31 October 2024:

  • The median value for Houses in Elwood is $2,090,299 while the median value for Units is $672,005.
  • Houses have a median rent of $695 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 496 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.