516 Rae St, Fitzroy North is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Townhouse sold in Fitzroy North in the last 12 months.
Oversized is an understatement as the huge proportions of this stunning tri-level residence will impress from first to last in a superb warehouse conversion with internal garage. Beautifully renovated showcasing a suite of ultra-stylish spaces, this extensive inner-city home presents the perfect setting for extra-spacious living enhanced by loads of natural light and fabulous alfresco areas. An open-plan living and dining zone extending 12-metres deep on polished hardwood floorboards underlines the magnitude of the large-scale layout as it flows from a picturesque void and brilliant kitchen with stainless-steel appliances to an entertainment balcony with treetops views. A wide entrance hallway beside a direct drive-in remote-control garage lead to an enormous bedroom (BIRs, desk; possible office or lounge), sunny rear courtyard, bright modern bathroom and European laundry. Further accommodation continues to amaze with 2 extra-large additional bedrooms (built-in robes) and a chic 2nd bathroom with a frameless-glass shower and elegant bath tub. Also comprising split-system heating/cooling and ceiling fans, this converted warehouse residence is exceptional with the space and the style to completely relax in an excellent location near Fitzroy North Village shops and cafs, the Edinburgh Gardens and Princes Park, walking/bicycle trails, Merri Creek Primary School, trams and train station.
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 7,970 properties. Over the last 5 years, Houses in Fitzroy North have seen a 2.39% increase in median value, while Units have seen a 7.99% increase. As at 30 April 2026:
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