Home/Properties/Elwood/8/39 Byron Street

For Saleapartment

8/39 Byron Street

Elwood, VIC 3184, Australia

$375,000

1 bed 1 bath 1 car

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Photos via the original listing. All photographs remain the property of their respective owners.

Explore this property

See the location and ask StMate AI anything

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 8/39 Byron Street — pricing, schools, transport, investment potential, and more.

Area Price Guide

$352,500 – $397,500

Indicative price guide range

🏘️

Comparable

📊

$790,000

Area median

⚖️

-53%

vs median

🗓️

3 weeks ago

Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

View full report

Schools

7 nearby schools

Catchment: Elwood Primary School

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Daley Street/Glen Huntly Road (0.7km)

Traffic

Moderate congestion

Peak-hour traffic (7-9am, 4-6pm) on Nepean Highway and Bay Street can experience moderate congestion, particularly northbound during morning commute and southbound during evening. Byron Street itself remains relatively quiet as a residential local street.

Flood risk

Medium

Elwood is located in Melbourne's bayside suburbs with proximity to the Yarra River and Port Phillip Bay, placing it within mapped flood-prone land overlays. The suburb experiences medium flood risk driven by the Yarra River catchment and local stormwater drainage constraints. Most residential properties in Elwood are subject to LSIO controls, requiring careful site assessment and flood-aware design during planning and construction.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Nearby development

6 projects nearby

Elwood is experiencing steady medium-density infill development and waterfront precinct activation, driven by St Kilda Road corridor improvements and foreshore urban renewal initiatives. Council focus is on streetscape upgrades, heritage building reuse, and incremental residential intensification rather than large-scale projects. Development activity is moderate with emphasis on walkability and public realm enhancement alongside residential supply.

Heritage

Heritage listed

Elwood is a well-established inner-bayside suburb with significant heritage character, featuring late Victorian and Edwardian residential architecture. The area is largely covered by heritage overlays and conservation area designations that protect its streetscape integrity and character-defining features. Properties typically face moderate heritage restrictions affecting extensions, alterations, and new development.

Sources: Australian Gov open data + StMate AI

See all dimensions

Property Photos

About this property

Snap up your own carefree slice of "Portofino" with this impeccably presented first-floor apartment in a leafy and sought-after Elwood neighbourhood. With secure entry for added peace of mind, the inviting lock & leave pad is ready to move into, making it perfect for both owner-occupiers and savvy investors. Warmed by a sunny north-easterly aspect, among its standout features are a welcoming lounge/meals area with broad picture windows, a practical kitchen with ample cupboard space plus a spacious bedroom with mirrored built-in robes and the comfort of a ceiling fan. A combined bathroom/laundry is also offered, along with split system heating/cooling, hardwood floors and parking space. In a quiet boutique group, the apartment is perfectly positioned for everything beautiful Elwood is famous for. Ripponlea station and Brighton Road trams are close by ensuring an easy CBD commute, while parks and Tennyson St shops & cafes are also all nearby. The bay is reachable on foot, whilst canal walking paths, the suburb's schools, St Kilda Botanical Gardens and Acland Street are all mere moments away.