558 Rae Street, Fitzroy North, VIC 3068 sold on 21 February 2026 | OnTheHouse
SOLD
Sold on 21 Feb 2026 for $5,100,000

558 Rae Street
Fitzroy North VIC 3068

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 558 Rae St, Fitzroy North

558 Rae St, Fitzroy North is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Fitzroy North in the last 12 months.

Building Type
House
Local Government
Yarra
Lot/Plan
71/LP1699

Last Listing description (October 2017)

The Milk Bar House: a landmark with an outstanding future

Generations of North Fitzroy kids will remember the Clauscen Street Milk Bar and its 'big house'! Held by the same family for 60 years, the handsome block-fronted Victorian residence and former dairy and shop are ready to welcome new owners. At the northern end of Rae Street, close to schools, St Georges Road cafes and CBD transport, the vast block (548m2 approx) with 2 street frontages offers exciting potential for subdivision or the creation of a wonderful new residence (STCA) combining heritage character with contemporary flair. In sound liveable condition, the home opens to a grand pillared hallway leading to three double bedrooms and a formal living/dining room, all immaculately presented, with open fireplaces, cornice detail and new carpets; set to the rear are a large retro kitchen/meals area, a fourth bedroom/family room with own street entry and gas fire, and a functional bathroom. The milkbar, intact with its original fittings, has potential for conversion into a studio/home office or integration with the residence. A wide right-of-way to the deep rear garden provides access to a double garage and original outbuildings. A unique home in a premier CBD-edge position! Nelson Alexander Pty Ltd

Property History for 558 Rae St, Fitzroy North, VIC 3068

A timeline of how this property has performed in the market
Last Sold
$5,100,000
21 Feb 2026
  • 28 Oct 2017
    Sold - Price Undisclosed
  • 04 Oct 2017
    Listed for Sale $2,100,000 - $2,250,000
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About Fitzroy North 3068

The size of Fitzroy North is approximately 2.5 square kilometres. There are 16 parks, covering nearly 16.2% of the 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 7,959 properties. Over the last 5 years, Houses in Fitzroy North have seen a -0.19% decrease in median value, while Units have seen a 9.42% increase. As at 31 May 2026:

  • The median value for Houses in Fitzroy North is $1,753,834 while the median value for Units is $740,700.
  • Houses have a median rent of $878 while Units have a median rent of $625.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Fitzroy north on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Fitzroy north.

Suburb Insights for Fitzroy North 3068

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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.