1 Rae StreetIronbark VIC 3550
Property Details for 1 Rae St, Ironbark
Last Listing description (January 2022)
Opportunities to truly capitalise on property are few and far between right now, but here's your chance to do just that with this cute Californian Bungalow on the city fringe.
As original as the day it was built, you'll love the period features, from the classic facade to the Hills Hoist in the backyard.
Enjoy morning coffee or evening drinks on the trademark bungalow veranda, which opens to a wide entrance hall for rugs and sideboards.
The loungeroom to the right is simply beautiful. Timber-lined walls and picture rails compliment an ornate plaster ceiling and cornice. There's a modern gas log fire set into the original decorative brick mantlepiece. As-new flooring and an air conditioner are more welcome mod cons.
There are two large bedrooms typical of the era, both with carpet and curtains and fabulous timber windows. The cute eat-in kitchen will take you right back to the happy days.
A two-piece bathroom, separate loo, laundry with shower and practical sunroom complete the home.
Rae Street is in old Ironbark; a charming historic pocket of Bendigo that's just a cruise down the hill to the arts precinct. There's a lot of fun to be had restoring and extending this little beauty, while honouring its long life as a warm and welcoming, character-filled home.
Property History for 1 Rae St, Ironbark, VIC 3550
- 16 Jul 2021Sold for $391,500
- 26 May 2021Listed for Sale $380,000 - $410,000
- 28 May 2014Listed for Sale 300,000 +
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0About Ironbark 3550
The size of Ironbark is approximately 0.9 square kilometres. It has 2 parks covering nearly 12% of total area. The population of Ironbark in 2011 was 1,080 people. By 2016 the population was 1,084 showing a population growth of 0.4% in the area during that time. The predominant age group in Ironbark is 20-29 years. Households in Ironbark are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ironbark work in a professional occupation. In 2011, 59% of the homes in Ironbark were owner-occupied compared with 57.2% in 2016.
Ironbark has 720 properties. Over the last 5 years, Houses in Ironbark have seen a 42.70% increase in median value, while Units have seen a 67.31% increase. As at 31 October 2024:
- The median value for Houses in Ironbark is $527,064 while the median value for Units is $408,612.
- Houses have a median rent of $435 while Units have a median rent of $380.
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