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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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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

Heritage & Conservation

Complete
Heritage listedConservation area

Flemington is a historically significant inner-Melbourne suburb centred on the world-famous Flemington Racecourse (established 1840s). Much of the suburb falls within a local heritage conservation area with Victorian and Edwardian-era residential stock, featuring predominant modest weatherboard and brick cottages. Development is constrained by heritage overlays and character retention requirements.

Restrictions

  • Building permit required for external modifications and facade changes
  • Retention of original architectural features (verandahs, cornices, windows) where feasible
  • Height and setback controls to maintain streetscape character
  • Prohibition or strict controls on demolition of contributory buildings

Nearby heritage items

Ascot Vale & Flemington Conservation AreaLocal
0 m
Flemington RacecourseNational
500 m
Mount Alexander Road precinct (Victorian era residential)Local
800 m
Newmarket StationState
1.2 km
500m1km1.5km2kmAscot Vale & Flemington Conservation Area — 0.0 kmFlemington Racecourse — 0.5 kmMount Alexander Road precinct (Victorian era residential) — 0.8 kmNewmarket Station — 1.2 km

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

Source: StMate AI — VIC heritage registers06/05/2026
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

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Price history

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