31 Wallace Street, Bairnsdale, VIC 3875 sold on 16 July 2025 | OnTheHouse
SOLD
Sold on 16 Jul 2025 for $225,000

31 Wallace Street
Bairnsdale VIC 3875

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 366m2
Sold By
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OBrien Real Estate Bairnsdale
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Property Details for 31 Wallace St, Bairnsdale

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.

Building Type
House
Floor Size
102m2
Land Size
366m2
Local Government
East Gippsland
Lot/Plan
1/PS505058

Last Listing description (August 2025)

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

Property History for 31 Wallace St, Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$225,000
16 Jul 2025
  • 16 Jul 2025
    Sold for $225,000
  • 18 Jun 2025
    Listed for Sale $225,000
  • 02 Apr 2007
    Sold for $128,500
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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 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:

  • The median value for Houses in Bairnsdale is $454,059 while the median value for Units is $335,002.
  • Houses have a median rent of $470 while Units have a median rent of $370.
There are currently 90 properties listed for sale, and 33 properties listed for rent in Bairnsdale on OnTheHouse. According to Cotality's data, 325 properties were sold in the past 12 months in Bairnsdale.

Suburb Insights for Bairnsdale 3875

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.