SOLD
Sold on 25 Oct 2024 for $389,000

5 Wallace Street
Bairnsdale VIC 3875

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 597m2
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OBrien Real Estate Bairnsdale
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Property Details for 5 Wallace St, Bairnsdale

5 Wallace St, Bairnsdale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 597m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Bairnsdale in the last 12 months.

Building Type
House
Floor Size
118m2
Land Size
597m2
Local Government
East Gippsland
Lot/Plan
1/LP92495

Last Listing description (December 2024)

This charming three-bedroom home, ideally located close to the town centre, is set on a 594 sqm (approx.) block and presents an excellent opportunity for first-time buyers or astute renovators looking to enhance a classic property.

Ready to move in and enjoy, the home has seen some updates over the years and is now ready for its new owners to add their personal touch.

Upon entering, you'll find a spacious entryway that leads to a generous and functional kitchen and dining area, a generously sized living room, all designed to take advantage of the large windows that fill the space with warm northern sunlight. Down the hallway, you'll discover three sizable bedrooms, each with built-in wardrobes and conveniently serviced by a central bathroom.

Outside, the backyard features an undercover sitting area, good fencing, and a single garage, providing ample storage for your extra toys. This home is ready for immediate occupancy and offers a fantastic canvas for those looking to create their ideal home.

View the Due Diligence Checklist at:consumer.vic.gov.au/duediligencechecklist

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Property History for 5 Wallace St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$389,000
25 Oct 2024
Listed for Rent
$270/w
14 Oct 2015
  • 25 Oct 2024
    Sold for $389,000
  • 23 Sep 2024
    Listed for Sale $399,000
  • 10 Sep 2015
    Listed for Rent $270 / week
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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.

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