42A Macrae StreetEast Bairnsdale VIC 3875
Property Details for 42a Macrae St, East Bairnsdale
42a Macrae St, East Bairnsdale is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2022. The property has a land size of 502m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last transferred in June 2021.
Last Listing description (May 2026)
Leased at $470 per week and built in 2022, this is a true set-and-forget investment with minimal maintenance, modern depreciation benefits and immediate income from day one.
Still under builder’s warranty, inveators can take advantage of substantial depreciation allowances, enhancing cash flow and making this a true set-and-forget investment.
The home comprises three generous bedrooms, including a well-appointed master with walk-in robe and ensuite, plus built-in robes to the remaining bedrooms. A spacious open-plan kitchen and dining domain is complemented by a separate lounge with direct access to the front yard, along with a practical study nook to enhance tenant appeal.
The kitchen is finished with 40mm stone benchtops, a 900mm oven, dishwasher and an oversized walk-in pantry. Vinyl plank flooring to living areas and carpeted bedrooms provide durability and comfort, while the skillion roofline with highlight windows allows an abundance of natural light.
Externally, high fencing ensures privacy and security, while the alfresco area, gravel frontage and full concrete surrounds minimise maintenance and ongoing holding costs. Internal garage access further enhances everyday functionality.
A secure, modern investment asset designed for consistent rental demand and sustained long-term performance.
Property History for 42a Macrae St, East Bairnsdale, VIC 3875
- 11 Mar 2026Listed for Sale $555,000
- 02 Dec 2024Listed for Rent $465 / week
- 09 Jan 2024Listed for Rent $460 / week
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About East Bairnsdale 3875
The size of East Bairnsdale is approximately 13.0 square kilometres. There is 1 park, covering nearly 0.5% of the total area. The population of East Bairnsdale in 2016 was 1298 people. By 2021 the population was 1352 showing a population growth of 4.2% in the area during that time. The predominant age group in East Bairnsdale is 50-59 years. Households in East Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bairnsdale work in a labourer occupation.In 2021, 60.70% of the homes in East Bairnsdale were owner-occupied compared with 58.20% in 2016.
East Bairnsdale has 987 properties. Over the last 5 years, Houses in East Bairnsdale have seen a 35.65% increase in median value, while Units have seen a 32.30% increase. As at 31 August 2026:
- The median value for Houses in East Bairnsdale is $520,237 while the median value for Units is $381,316.
- Houses have a median rent of $460 while Units have a median rent of $240.
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