OFF MARKET

86/86 Riverine Street
Bairnsdale VIC 3875

Bedrooms: 4
Bathrooms: 6
Car spaces: 2
Land area: 1400m2
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Property Details for 86/86-A Riverine St, Bairnsdale

86/86-A Riverine St, Bairnsdale is a 4 bedroom, 6 bathroom House with 2 parking spaces. The property has a land size of 1400m2.

Building Type
House
Land Size
1400m2
Local Government
East Gippsland

Last Listing description (October 2019)

Positioned in what is regarded as one of Bairnsdale's premier location, this Riverine Street property with majestic northerly views of the Mitchell River and the mountains beyond, offers an abundance of living opportunities.
The dwelling itself is being sold as one however, the property has two dwellings and are separately titled.
The main original dwelling consists, over two levels, of four generous bedrooms, separate study, two bathrooms (ensuite to the main) and two immense living areas. The living areas on each level allow for the perfect scenario, one is family/children orientated living, and the other a more formal living space with a feature fire place.

The kitchen with its own dining area provides ample bench space, electric cooking and glorious views. Verandah and decked entertaining areas are a feature of this homes appeal and are breathtaking.
The second, newer dwelling purpose built for family offers two large bedrooms over two levels, two bathrooms on each level (ensuite to the main) and separate living areas. A modern kitchen with ample storage, breakfast bar and again magnificent views from the northerly orientated verandahs.
Heating and cooling throughout both homes by way of reverse cycle split systems.
The opportunity exists on many levels with the potential of dual living/large family scenario, an income producing rental property or perhaps an air bnb/bed & breakfast venture.
With the mighty Mitchell River right on your doorstep, with many kilometres of walking tracks at your fingertips and only a short stroll to Bairnsdale CBD makes this special property worthy of your inspections.

Property History for 86/86-A Riverine St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
  • 21 Sep 2017
    Listed for Sale $890,000

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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 84 properties listed for sale, and 24 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.