31 Wallace St, Bairnsdale is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 366m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom House sold in Bairnsdale in the last 12 months.
Opportunity knocks with this unique property, offering limitless potential for renovation or a brand-new build (STCA). Located on Wallace Street, this address offers great promise and opportunity for those ready to invest.
Once a charming two-bedroom cottage, the existing structure has been stripped back and is ready for a fresh start. Whether you envision restoring its original character or designing a contemporary masterpiece, the flexible floor plan is yours to reimagine. The home itself is supported by sturdy concrete stumps, providing added durability and stability. Set on a good-sized block with exciting potential, the property is ideally positioned for those seeking a project with plenty of room for growth.
Adding to its appeal, the property includes excellent shedding infrastructure with two sheds, ideal for storage, hobbies, or future workshop space. The largest shed, located at the rear of the block, features a solid concrete slab, offering even more functionality and value.
Bring your vision to life and create the home or investment of your dreams. This is a unique and versatile opportunity you won't want to miss.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 2016 was 7580 people. By 2021 the population was 7905 showing a population growth of 4.3% 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 labourer occupation.In 2021, 62.90% of the homes in Bairnsdale were owner-occupied compared with 60.80% in 2016.
Bairnsdale has 6,017 properties. Over the last 5 years, Houses in Bairnsdale have seen a 43.20% increase in median value, while Units have seen a 40.92% increase. As at 31 January 2026:
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