SOLD
Sold on 09 Sep 2024 for $1,000,000

124 Main Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 833m2
Land area: 585m2
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Property Details for 124 Main St, Bairnsdale

Building Type
Commercial
Year Built
1894
Floor Size
833m2
Land Size
585m2
Local Government
East Gippsland
Lot/Plan
2/LP97042

Last Listing description (March 2017)

- Formally known as the historic 'Commercial Hoteln- Located on the corner of Main and Bailey Streetsn- Land 572m2 approximately
- Ground floor 366m2 approximately and 1st floor 467 m2 approximately
- Commercial 1 zoning

- Development potential (S.T.C.A)

Property History for 124 Main St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,000,000
09 Sep 2024
  • 09 Sep 2024
    Sold for $1,000,000
  • 03 Apr 2017
    Sold for $737,000
  • 03 Oct 2016
    Listed for Sale $630,000 + GST (If applic.)
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About Bairnsdale 3875

The size of Bairnsdale is approximately 66.4 square kilometres. It has 15 parks covering nearly 9.2% of total area. The population of Bairnsdale in 2011 was 7,237 people. By 2016 the population was 7,581 showing a population growth of 4.8% in the area during that time. The predominant age group in Bairnsdale is 60-69 years. Households in Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bairnsdale work in a professional occupation. In 2011, 63.8% of the homes in Bairnsdale were owner-occupied compared with 60.8% in 2016.

Bairnsdale has 5,834 properties. Over the last 5 years, Houses in Bairnsdale have seen a 57.83% increase in median value, while Units have seen a 53.00% increase. As at 30 November 2024:

  • The median value for Houses in Bairnsdale is $444,751 while the median value for Units is $350,366.
  • Houses have a median rent of $450 while Units have a median rent of $363.
There are currently 101 properties listed for sale, and 22 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.