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6/45 Shelley Street, Elwood$330,000

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Soldapartment

6/45 Shelley Street

Elwood, VIC 3184, Australia

$330,000

1 bed 1 car37 m²

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Property Details

Property Type: apartment
Listing Type: Sold
Bedrooms: 1
Parking: 1
Land Area: 37 m²
Listed: 3 months ago

Repayment calculator

$1,600/month

$800 /fortnight

Loan $264,000 at 6.10% over 30 years

Upfront costs

Deposit$66,000

Stamp duty$14,870

Conveyancing (est.)$2,000

Total upfront$82,870

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Elwood

This 1-bedroom apartment in Elwood, VIC 3184 sits within reach of public transport, local shops and nearby schools. It is listed 59% below the $802,500 median of 54 comparable apartmentswithin 5 km.

Schools near Elwood

Yesodei HaTorah Collegecombined · Prep-12 · CoEd
Elwood Primary Schoolprimary · Prep-6 · CoEd
Elwood Collegesecondary · 7-12 · CoEd

What's nearby

Daley Street/Glen Huntly Road (bus) — 742 m away
Foodworks — 722 m away
School Park — 398 m away
Unnamed — 408 m away
E C Mitty Reserve — 420 m away

Elwood at a glance

Full suburb profile

Population: 15,153
Median age: 38
Household income: $2,096/wk
Median rent: $415/wk
Median mortgage: $2,300/mo

Source: ABS Census.

Due diligence

Property Report

Flood Risk

Complete

Medium flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO) / Yarra River floodplain

Elwood is located in the Yarra River floodplain and Port Phillip Bay coastal zone in Victoria, placing it under the Land Subject to Inundation Overlay (LSIO). The suburb experiences medium flood risk from both riverine flooding (Yarra River) and localized stormwater inundation during heavy rainfall events. Planning controls are stringent, requiring flood-resilient design and elevated floor levels for new development in affected areas.

Planning controls

Land Subject to Inundation Overlay (LSIO) applies to properties in flood-prone areas; development requires flood-compatible design
Mandatory floor level requirements typically 500 mm above the 1% AEP flood level for new buildings
Stormwater management and detention requirements to mitigate localized flooding from urban catchments
Building permits and planning approvals require flood risk assessment and certification by qualified professional

Source: StMate AI — VIC flood overlays07/06/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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