206 Rae Street, Fitzroy North, VIC 3068 | House for sale | OnTheHouse
 
FOR SALE
$2,100,000 - $2,300,000

206 Rae Street
Fitzroy North VIC 3068

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
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Auction Time
Sat 24 Oct 11:30 am
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No upcoming inspections scheduled.
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Grand Victorian, Scale, History and Potential

Built in 1885 and steeped in local history, this substantial Victorian residence once housed the auction rooms of prominent Fitzroy property agent and auctioneer Alex Mann. Today, its remarkable past remains evident through soaring ceilings, ornate ceiling roses and original leadlight windows, giving the home a distinctive character shaped by more than 140 years of Fitzroy North history.
The sheer scale and volume of the home make an immediate impression. Expansive living and dining spaces are defined by exceptional ceiling heights and a striking 360-degree Seguin cast-iron fireplace, creating a dramatic centrepiece between the two spaces. The adjoining kitchen features stone benchtops, stainless-steel soft-closing cabinetry, premium Smeg appliances and a walk-in pantry, with a considered layout equally suited to everyday living and entertaining.
Upstairs, three spacious bedrooms provide generous accommodation alongside an expansive second living area or fourth bedroom with its own fireplace. Two bathrooms service the home, including a distinctive ground-floor bathroom with rain shower and an upstairs bathroom distinguished by a beautiful leadlight window over the bath.
The private rear courtyard and deck provide a peaceful outdoor retreat, including an established gazebo with built-in seating and potential for off-street parking accessed via the rear laneway. An outdoor laundry room and separate storeroom add valuable practical amenity, while hydronic heating, attic storage and security alarm complete the home’s extensive offering.
Existing planning approvals provide an exciting foundation for the property’s future potential, offering the next owner the opportunity to build upon an already considered vision while shaping the interiors, finishes and details to make the home distinctly their own.
Positioned alongside Edinburgh Gardens, the home occupies an exceptional Fitzroy North location. Brunswick Street, Fitzroy North Village, local schools, trams, Rushall Station and Melbourne University are all within easy reach, combining the space and scale of a substantial residence with one of inner Melbourne’s most sought-after neighbourhood settings.
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Property Details for 206 Rae St, Fitzroy North

206 Rae St, Fitzroy North is a 4 bedroom, 2 bathroom House with 1 parking spaces. The place is currently for sale with Jellis Craig Fitzroy.

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About Fitzroy North 3068

The size of Fitzroy North is approximately 2.5 square kilometres. There are 16 parks, covering nearly 16.2% of the total area. The population of Fitzroy North in 2016 was 12339 people. By 2021 the population was 12781 showing a population growth of 3.6% in the area during that time. The predominant age group in Fitzroy North is 30-39 years. Households in Fitzroy North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy North work in a professional occupation.In 2021, 47.50% of the homes in Fitzroy North were owner-occupied compared with 45.90% in 2016.

Fitzroy North has 7,962 properties. Over the last 5 years, Houses in Fitzroy North have seen a -5.66% decrease in median value, while Units have seen a 2.67% increase. As at 31 August 2026:

  • The median value for Houses in Fitzroy North is $1,741,685 while the median value for Units is $741,924.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Fitzroy north on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Fitzroy north.

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David Sanguinedo
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Alicia Cannizzaro
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Jellis Craig Fitzroy
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