586 Rae St, Fitzroy North is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 340m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Hidden behind a tall hedge on a corner site of approximately 355sqms, this solid, semi-detached, double brick classic has a timeless feel in an area where everything is within easy reach. Filled with natural light the home's interior offers an opportunity for immediate occupation with enormous potential to renovate and extend (STCA) in the future. From the entry hall this home will impress with soaring, pressed metal ceilings and vast main bedroom through to the full width living room with stunning north facing bay window featuring original leadlight and open fire place. A further two bedrooms, updated bathroom, dining and older spacious kitchen complete the picture. Outside the rear garden to the east is well established and has easy off-street access through to the garage, from Miller Street. Polished floorboards, gas ducted heating and original period details are included. Period character combined with generous proportions and light make this an instantly appealing home awaiting its next exciting chapter. Ideally located - walk to Merri Creek trails/parklands, schools, shops and public transport to the CBD and beyond. 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 7,972 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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