122 Rae St, Fitzroy North is a 2 bedroom, 2 bathroom Unit and was built in 1890. The property has a land size of 125m2 and floor size of 133m2.
This appealing double storey Victorian offers a variety of flexible uses and is positioned on the corner of Rae & Freeman Street that capitalises on the wonderful north light streaming through all spaces. The building has accommodated a variety of uses over the years including 2 separate residences, work from home environment and a family home in this prime location near Edinburgh Gardens, Brunswick St Oval & Fitzroy North Village.
Immediately welcoming the inviting interior reveals stunningly high ceilings, large light-filled rooms and period charm. Currently divided into two separate residences the ground floor features the original shopfront space as a beautiful light bedroom/workspace/studio with its own separate entrance, flowing to a large living room and adjacent dining room with updated kitchen that includes ample storage, stainless steel appliances including gas stovetop and pantry and bathroom/laundry and brick paved rear yard with side entrance & ROW. Upstairs boasts the same lofty ceiling and spacious rooms that incorporate a front living/3rd bedroom with OFP overlooking the street, 2nd bedroom with dual ensuite, updated kitchen & meals area leading to a quintessential Fitzroy North elevated terrace for enjoying a morning coffee. This truly unique gem in a prime residential location, provides great flexibility that will suit a variety of living/working possibilities (STCA) close to the best of inner city living, transport, schools, boutique shops/cafes and more.
Nelson Alexander Pty Ltd.
The size of Fitzroy North is approximately 2.5 square kilometres. It has 16 parks covering nearly 16.2% of 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 7,960 properties. Over the last 5 years, Houses in Fitzroy North have seen a 9.16% increase in median value, while Units have seen a 13.08% increase. As at 31 December 2025:
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