SOLD
Sold on 16 Dec 2023 for $870,000

7/12 Shelley Street
Elwood VIC 3184

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
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Property Details for 7/12 Shelley St, Elwood

7/12 Shelley St, Elwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Elwood in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
100m2
Local Government
Port Phillip
Lot/Plan
7/PS742727

Last Listing description (February 2024)

An unparalleled lock-and-leave opportunity on a famously leafy streetscape, this tranquil two-storey residence takes sun-bathed easy living to a new level. One of just two two-storey townhouses set on Byron Lane beyond an iconic Art Deco group, this two bedroom, two bathroom home offers innovative virtual dual-suite accommodation with a fully-tiled bathroom (one a sleek private ensuite) for each of the courtyard-access bedrooms...and endless all-day sun for the dedicated north-facing living level.

Designed for sun and serenity with north-facing private outdoor areas upstairs and down, this lock-and-leave residence features a well-screened courtyard bathed in uninterrupted sun, and a sheltered balcony cocooned in the treetops. There's even the entertaining appeal of access to a welcoming communal garden.

Curated to a demanding specification with textural pebbled wool carpets for the private areas, there are wideboard oak floors for traffic and living zones, frameless-mirrored robes for each bedroom, and cool stone benchtops throughout. Starring Italian Barazza appliances and a mirror-splashback for the streamlined kitchen, this cutting-edge home is individually climate-controlled with reverse-cycle climate-control air-conditioning to every room.

With easy access auto-entry secure garaging from Bronte Lane, this boutique two-storey residence is also easily accessible to the best of Elwood lifestyle. Set beneath the leafy canopy of this tightly-held street, this two-storey residence is a 400m walk along the canal path to the heart of the Elwood shopping strip (and a similar distance to the beachfront), just around the corner from the cafes and bakery on the Ormond Rd/Glen Huntly Rd roundabout, and a daily walk to Ripponlea station and the Brighton Rd tram.

Property History for 7/12 Shelley St, Elwood, VIC 3184

A timeline of how this property has performed in the market
Last Sold
$870,000
16 Dec 2023
Listed for Rent
$580/w
14 Oct 2020
  • 19 Jan 2024
    Listed for Rent $750 / week
  • 16 Dec 2023
    Sold for $870,000
  • 14 Nov 2023
    Listed for Sale Not Disclosed
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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 10,225 properties. Over the last 5 years, Houses in Elwood have seen a 5.40% increase in median value, while Units have seen a 1.08% increase. As at 30 September 2024:

  • The median value for Houses in Elwood is $2,127,008 while the median value for Units is $668,000.
  • Houses have a median rent of $738 while Units have a median rent of $540.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Elwood on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Elwood.

Suburb Insights for Elwood 3184

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Chisholm & Gamon - Elwood
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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.