49 Shelley St, Elwood is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 509m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Embraced by an incredibly private & idyllic garden oasis on its prime corner allotment of approx. 507sqm, this impressively reimagined 4 bedroom home is a timelessly appealing setting for relaxed family living.
An easy stroll to the secondary college and both St Columba's & Elwood primary schools, the solid brick home spans two stylishly appointed levels with a layout that will appeal to families of any age or phase.
Perfectly oriented to capture glorious north-westerly sunshine throughout, among its standout inclusions are a tranquil lounge with working fireplace and built-in library as well as an expansive open plan living/dining area and newly renovated gourmet kitchen. Designed for easy entertaining, this fabulous family-centric zone spills outside to the stunningly verdant garden which has the added bonus of council approval for an in-ground pool.
A ground-floor master with ensuite and underfloor heating enjoys direct access to a sun-trap decked courtyard, making it a sublime parents' retreat. Two additional bedrooms are also positioned downstairs. A fourth palatial bedroom is hidden away on the home's upper-level, perfect for teens or even those working from home.
Natural sunlight illuminates the main bathroom, and there is a separate bathroom available for the convenience of guests. Ducted heating can be found throughout and the home features three split system units along with a wine cellar, beautiful wide-board flooring & carpets, a full laundry, garden irrigation and water tank/grey water, and solar panels for extra savings. There is also an auto garage with loft-style storage, accessed off Ruskin Street.
Close to Elwood's magnificent foreshore, walking & cycling paths, this blue-chip address is within footsteps of the suburb's many fabulous cafes, restaurants and boutique shopping attractions. It is also well serviced by bus routes and just minutes to Melbourne's CBD.
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 10,296 properties. Over the last 5 years, Houses in Elwood have seen a -8.65% decrease in median value, while Units have seen a -3.28% decrease. As at 31 July 2026:
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