561 Rae St, Fitzroy North is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 183m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
A prominent heritage profile in a great location precedes the distinctive 3 bedroom floorplan of this unique Victorian opening to a secluded garden with handy rear lane access. An exciting opportunity in a quiet pocket near caf precincts, parkland, schools and transport, this exceptional terrace showcases original character and vibrant charm with outstanding potential to create a stunning inner-city oasis. Providing endless inspiration with a functional layout, polished floorboards and high period ceilings, the stage is set to let the imagination soar and introduce a stylish new aesthetic with a budget makeover or a beautiful renovation. This much-loved home offers arched hallway, main bedroom with open fireplace, 2nd bedroom with storage, 3rd bedroom with a versatile loft area, living room with entertainment area, kitchen/meals, bright bathroom and a leafy courtyard garden with rear ROW. Northcote High and Merri Creek Primary School zoned near the Deutsche Schule, this rare 3 bedroom opening with prospects of perfection is conveniently situated for a wonderful lifestyle close to walking trails, trams, train station and retail-restaurant strips.
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:
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