40 Bailey StreetBairnsdale VIC 3875
Property Details for 40 Bailey St, Bairnsdale
Last Listing description (May 2024)
Embrace the rich heritage and character of this property, offering a blend of history and potential. With two titles available, it presents an enticing opportunity for investors or owner-occupiers.
Benefit from the steady income of $8,400 per annum from the lease at 40 Bailey Street which runs to June 2025, while exploring the possibilities for the upcoming vacant space at 42 Bailey Street. Located conveniently on Bailey Street with ample on-street parking, this property is primed for your investment vision.
Property History for 40 Bailey St, Bairnsdale, VIC 3875
- 30 May 2024Sold for $144,000
- 28 May 2024Listed for Sale Not Disclosed
- 31 Jan 2019Listed for Rent $7,550 / year
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0About 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 5,821 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.
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