SOLD
Sold on 18 Dec 2023 for $1,250,000

38 Riley Street
Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 647m2
Sold By
Ashwood & Associates Real Estate
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Property Details for 38 Riley St, Bairnsdale

Building Type
Land
Land Size
647m2
Local Government
East Gippsland
Lot/Plan
PC382357

Last Listing description (April 2020)

One of the most recognizable period homes in Bairnsdale is Rivermead. A turn of the last century Edwardian weatherboard home that evokes emotion and sits proudly along Riley Street in Bairnsdale's west.
Upon entering the home along its central corridor to the three generous bedrooms all with brick fireplaces.
The grand main living room with its feature open fireplace, faces north with views over the garden through glass paneled timber doors.

The country style kitchen has been remodeled with an abundance of bench space, gas cooktop and stainless electric oven. The room is large enough to allow a kitchen/meals table for informal dining.
Across the hall to sitting room or formal dining offers flexibility as a second living room or children;s play area.
A restyled bathroom to the rear of the home with a shower over a claw foot bath and free-standing period vanity.
Externally the house has been repainted, rewired and a new Colourbond roof installed.
Sited on a large double allotment that is separately titled measuring approximately 1404sqm that allows the discerning buyer to utilize the space for shedding and/or pool etc.
Your inspection is upon appointment, available 7 days.

Property History for 38 Riley St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$1,250,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $1,250,000
  • 02 Apr 2020
    Sold for $125,000
  • 29 Nov 2019
    Listed for Sale $125,000

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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 5,788 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 87 properties listed for sale, and 31 properties listed for rent in Bairnsdale on OnTheHouse. According to CoreLogic's data, 208 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.