SOLD
Sold on 06 Jun 2024 for $588,500

345 Main Street
Bairnsdale VIC 3875

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 148m2
Land area: 852m2
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Property Details for 345 Main St, Bairnsdale

345 Main St, Bairnsdale is a 3 bedroom, 0 bathroom House and was built in 1940. The property has a land size of 852m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Bairnsdale in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
148m2
Land Size
852m2
Local Government
East Gippsland
Lot/Plan
2/LP12632

Last Listing description (August 2024)

Situated on bustling Main Street, this property presents a unique opportunity, adaptable for both residential and commercial purposes. Boasting mixed-use zoning and convenient rear laneway access, it offers a range of possibilities.
The property comes with an existing planning permit for a 2-lot subdivision, providing further potential for development (S.T.C.A.). With its charming facade and north-facing orientation, 345 Main Street exudes character and natural light.
The current layout features four offices, a reception/waiting room, a kitchen with electric cooking facilities, and a bathroom with a shower. Alternatively, it can be easily converted for residential use, offering three bedrooms, a formal lounge, dining area, and a kitchen.

Whether you're an owner-occupier seeking a versatile space or an investor looking for a lucrative opportunity, this property ticks all the boxes. Don't miss out on this prime investment in a highly sought-after location.

Property History for 345 Main St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$588,500
06 Jun 2024
  • 06 Jun 2024
    Sold for $588,500
  • 09 Aug 2023
    Listed for Sale Not Disclosed
  • 24 Nov 2022
    Sold for $560,000
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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 5,824 properties. Over the last 5 years, Houses in Bairnsdale have seen a 55.18% increase in median value, while Units have seen a 41.54% increase. As at 31 October 2024:

  • The median value for Houses in Bairnsdale is $441,387 while the median value for Units is $321,643.
  • Houses have a median rent of $440 while Units have a median rent of $360.
There are currently 82 properties listed for sale, and 23 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 218 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.