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98 Shields Street, Flemington$800,000
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Soldhouse

98 Shields Street

Flemington, VIC 3031, Australia
$800,000
2 bed 1 bath146 m²

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Listing description

About this property

Tastefully modernised while staying true to its heritage, this endearing Victorian celebrates privileged Flemington Hill placement to deliver the vibrancy and connectivity inner-city life is famous for. From the eastern side of a beloved, low-traffic street, views of sunrises and city skyscrapers from an oversized terrace set the scene for daily life, brilliant for a morning espresso and blending seamlessly with practical interiors. Two substantial bedrooms are accompanied by a smart, skylit bathroom with a bath/shower and integrated laundry, while a wrap-around kitchen with stainless-steel appliances capably serves open living and dining spaces. Ducted heating, towering ceilings, Baltic pine floors, era-typical ornamentation, and abundant below-deck and under-house storage all add to the appeal, while a private back garden proves a delight for relaxing among greenery. With Mt Alexander Road and Newmarket at each end of the street, it's only a short walk to culinary staples, trendy bars, world-class coffee, the local Woolworths, St Brendan's Primary, various parks, and Moonee Ponds Creek, while trains enable three-stop city access, trams reach hospitals and universities, and CityLink streamlines cross-town commutes.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Land Area
146 m²
Listed
2 months ago

Repayment calculator

$3,878/month
$1,939 /fortnight
Loan $640,000 at 6.10% over 30 years

Upfront costs

Deposit$160,000
Stamp duty$43,070
Conveyancing (est.)$2,000
Total upfront$205,070
Verify with VIC revenue office →
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 Flemington

This 2-bedroom house in Flemington, VIC 3031 sits within reach of public transport, local shops and nearby schools. It is listed 80% above the $445,000 median of 50 comparable houseswithin 5 km.

Schools near Flemington

  • Debney Meadows Primary Schoolprimary · Prep-6 · CoEd
  • Flemington Primary Schoolprimary · Prep-6 · CoEd
  • St Brendan's Schoolprimary · Prep-6 · CoEd
  • Mount Alexander 7-12 Collegesecondary · 7-12 · CoEd
  • SEDA College (Victoria) - Flemington HUBsecondary

What's nearby

  • Stop 25: Mount Alexander College (tram)297 m away
  • Organic Wholefoods243 m away
  • Unnamed236 m away
  • Debneys Park340 m away
  • Unnamed413 m away

Flemington at a glance

Full suburb profile
Population
7,025
Median age
34
Household income
$1,525/wk
Median rent
$300/wk
Median mortgage
$2,074/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Flemington is experiencing moderate infill development activity centred on mixed-use and medium-density residential projects, with the Racecourse precinct representing a major long-term renewal opportunity. Development is constrained by heritage overlays and existing racecourse use, but inner-suburban demand and improved local transport access are driving incremental DAs for apartments, townhouses and retail. Council support for housing intensification and active transport infrastructure is gradually reshaping the suburb's built form.

Nearby projects

5

Closest

0.3 km

Public Transport and Active Travel Infrastructure

500m1km1.5km2kmPublic Transport and Active Travel Infrastructure — 0.3 kmFlemington Racecourse Precinct Redevelopment — 0.5 kmInfill Residential Subdivision - Inner Streets — 0.6 kmRecent Apartment Building DA - Neighbourhood Centre — 0.8 kmVictoria Street Housing and Mixed-Use Development — 1.2 km

Distance from this property is exact (rings = km). Direction is illustrative.

Public Transport and Active Travel Infrastructure

0.3 km
InfrastructureUnder construction

Footpath, cycling lane and local intersection upgrades supporting broader Melbourne metropolitan active transport network.

300 m

Flemington Racecourse Precinct Redevelopment

0.5 km
Mixed-useProposed

Long-term master plan for the historic racecourse site including residential, hospitality and heritage preservation components.

2028

500 m

Infill Residential Subdivision - Inner Streets

0.6 km
Residential subdivisionApproved

Small-scale townhouse or dual-occupancy subdivision on underutilised residential lots.

600 m

Recent Apartment Building DA - Neighbourhood Centre

0.8 km
Apartment buildingUnder construction

4–6 storey apartment complex with 40–80 units near local shops and public transport access.

800 m

Victoria Street Housing and Mixed-Use Development

1.2 km
Mixed-useApproved

Medium-density residential with ground-floor retail and community facilities along the main commercial corridor.

1.2 km
Source: StMate AI — VIC development trends06/05/2026
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.

Suburb market

Suburb price trend

Flemington price trend

Median sold · House 2 bed

Compound growth -2.4% / yr over 4 yrs

$970kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Flemington market

This listing

Price history

Price history

Listing price changes & sale

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