OFF MARKET

86 Riverine Street
Bairnsdale VIC 3875

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 358m2
Land area: 719m2
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Property Details for 86 Riverine St, Bairnsdale

86 Riverine St, Bairnsdale is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 719m2 and floor size of 358m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1960
Floor Size
358m2
Land Size
719m2
Local Government
East Gippsland
Lot/Plan
1/PS625191

Last Listing description (October 2020)

Featuring retro architecture of the 1960s this property is set along the banks of the Mitchell River yet just a two minute walk to the Bairnsdale CBD. It consists of two homes on separate titles allowing for different ownership entities within the one family. Boasting a huge North facing balcony providing stunning winter sunshine and full shade in summer, the alfresco lifestyle offered here cannot be understated. Take in the panorama of the mountain views and the Mitchell River which is just metres from the backyard. The main dwelling includes a lounge dining room of impressive proportions which features a fabulous open fireplace that is the heart of the home throughout the winter months. There are 3 bedrooms and large main bathroom upstairs, combined with 2 bedrooms and a huge rumpus room downstairs. The rumpus would convert to a fabulous North facing artists studio or simply welcome another family looking for lifestyle by the river. A separate titled 2 bedroom, 2 bathroom home built in 2006 offers contemporary open plan living. It includes the same vista and currently provides rental income, this could be continued, offered as an AirBNB or simply accommodate an extended family. A secure double garage, and a surprisingly low maintenance impressive terraced garden completes the picture. For inspection contact Kim Ashwood 0421 868 147 or Dennis van Reyk 0409 524 780 at ASHWOOD VAN REYK REAL ESTATE.

Property Code: 171

Property History for 86 Riverine St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$385,000
22 Jul 2020
  • 22 Jul 2020
    Sold for $385,000
  • 01 Nov 2019
    Listed for Sale $795,000-$825,000
  • 17 Feb 2017
    Listed for Sale $595,000
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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 5,821 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.
There are currently 81 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.