Property Details for 558 Rae St, Fitzroy North
558 Rae St, Fitzroy North is a 4 bedroom, 2 bathroom House with 2 parking spaces.
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
- 28 Oct 2017Sold - Price Undisclosed
- 04 Oct 2017Listed for Sale $2,100,000 - $2,250,000
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0About Fitzroy North 3068
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 7,972 properties. Over the last 5 years, Houses in Fitzroy North have seen a 9.42% increase in median value, while Units have seen a 10.37% increase. As at 31 March 2026:
- The median value for Houses in Fitzroy North is $1,797,545 while the median value for Units is $751,043.
- Houses have a median rent of $875 while Units have a median rent of $630.
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