OFF MARKET

35 Rae Street
Ironbark VIC 3550

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 306m2
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Property Details for 35 Rae St, Ironbark

35 Rae St, Ironbark is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 306m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
House
Year Built
1910
Floor Size
124m2
Land Size
306m2
Local Government
Greater Bendigo
Lot/Plan
2/PS709660

Last Listing description (November 2024)

All the hard work has been done, just move in and enjoy a slice of Bendigo history. Beautifully restored and much-loved home is less than 2km from Bendigo CBD. This split level home is oozing character with its cottage style and offers an abundance of charming features throughout. The cottage has open plan living, and a lovingly renovated kitchen fitting to the era. Flooded with natural light the living room has new floor coverings a fire surround and plantation shutters. Off the living area are sliding doors to the elevated balcony the perfect place to sit and unwind.

In total the home has 3 bedrooms over two levels, 1 bedroom on the top floor with a BIR, ceiling fan and sash windows the other 2 bedrooms on the lower level, one being the original stone cottage complemented by slate floors, leading out to a fantastic decking/undercover entertaining area. The block is low maintenance with established gardens and space for 2 cars. Situated in a quiet street, the location offers privacy and only a 2 min drive to the centre of Bendigo, with public transport a short walk away.
This home will appeal to many buyers and makes for a great investment opportunity with excellent capital growth and rental return or have as a lovely Airbnb, with close access to Bendigo CBD and Arts Precinct it will be popular with tourists. With all the hard work done and such a handy location at this price this home won?t last long. Call Melissa Thatcher today to make a time to view - 0408 298 873

* Fabulous location close to amenities
* Beautifully restored all the hard work has been done
* Quiet and private location
* 3-bedroom split level home
* Spacious open plan floorplan
* Excellent entertaining area
* Low maintenance gardens
* Character filled
* Suit professional person or first home buyer
* Excellent potential for an Airbnb
* Space for 2 cars
* Public transport nearby
* Excellent rental return

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 35 Rae St, Ironbark, VIC 3550

A timeline of how this property has performed in the market
Last Sold
$240,000
13 Dec 2012
  • 02 Sep 2024
    Listed for Sale $465,000 - $490,000
  • 13 Dec 2012
    Sold for $240,000
  • 28 Jun 2012
    Listed for Sale INQUIRY RANGE $220,000 - $250,000
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About 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.
There are currently 7 properties listed for sale, and 1 property listed for rent in Ironbark on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Ironbark.

Suburb Insights for Ironbark 3550

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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.