OFF MARKET

89 Pearson Street
Bairnsdale VIC 3875

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 190m2
Land area: 771m2
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Property Details for 89 Pearson St, Bairnsdale

89 Pearson St, Bairnsdale is a 4 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 771m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1930
Floor Size
190m2
Land Size
771m2
Local Government
East Gippsland
Lot/Plan
1/LP24883

Last Listing description (July 2022)

Within walking distance to the Bairnsdale CBD, schools and hospital, this five-bedroom home set forward on a downtown corner allotment has undertaken some modernization, whilst still maintaining some distinct period features.

Extended over time the home presents multiple opportunities including potential subdivision* and fantastic rental return, short stay accommodation of a family home. Updated kitchen is shared with the dining and living room with all year-round comfort covered from the solid fuel heater and split system AC. Options for a second lounge or ensuite for the master add to the appeal of this substantial downtown home.

Externally, there is an outdoor decked area for entertaining, great secure backyard with corner access suitable for huge shedding or further subdivision*

With the convenience of all amenities at your fingertips, this property could well be worth your inspection. It's the ideal rental investment or suited to those looking to secure their downtown family home.

*Subject to Council Approvals

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

Property History for 89 Pearson St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$535,000
16 May 2022
Listed for Rent
$350/w
14 Sep 2018
  • 16 May 2022
    Sold for $535,000
  • 25 Jan 2022
    Listed for Sale $550,000
  • 09 Aug 2018
    Listed for Rent - Price not available
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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.