Historical information
"The house (centre) at North Eltham in which Mr. and Mrs. William Frizell, an elderly couple, were marooned by flood waters. When this photograph was taken late yesterday afternoon the couple were still inside the house, and through a ventilator they had stuck a red flag which they waved from time to time. The house on the left belongs to Mr. Leads, who also was marooned." - The Argus 1 December 1934.
John William Frizell, painter and his wife Sarah Jane are registered at Glen Park, Eltham in the 1924 Electorial Roll
This was most probably the Diamond Creek in flood.
In 1934 extensive flooding of the Yarra River and Diamond Creek sets new records for flood plain level (via Chronology of Eltham, EDHS)