42 Shelley St, Elwood is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 485m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in 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.
The size of Elwood is approximately 2.6 square kilometres. There are 14 parks, covering nearly 14.0% of the total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% 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 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,272 properties. Over the last 5 years, Houses in Elwood have seen a -2.82% decrease in median value, while Units have seen a 0.45% increase. As at 31 May 2026:
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