Back 31 Wallace Street
Off Market

31 Wallace Street

Bairnsdale VIC 3875

2
1
1
366 m²
House
Last sold for $225,000
Felise SianiaFelise Siania, last sold this property on 29 July 2025 after 41 days on market.

Overview

Renovate or Rebuild!

Opportunity knocks with this unique property, offering limitless potential for renovation or a brand-new build (STCA). Located on Wallace Street, this address offers great promise and opportunity for those ready to invest. Once a charming two-bedroom cottage, the existing structure has been stripped back and is ready for a fresh start. Whether you envision restoring its original character or designing a contemporary masterpiece, the flexible floor plan is yours to reimagine. The home itself is supported by sturdy concrete stumps, providing added durability and stability. Set on a good-sized block with exciting potential, the property is ideally positioned for those seeking a project with plenty of room for growth. Adding to its appeal, the property includes excellent shedding infrastructure with two sheds, ideal for storage, hobbies, or future workshop space. The largest shed, located at the rear of the block, features a solid concrete slab, offering even more functionality and value. Bring your vision to life and create the home or investment of your dreams. This is a unique and versatile opportunity you won't want to miss. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
366 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Bairnsdale over the last 12 months, the estimated median property value of 31 Wallace Street is $361k.

Median value
$361k
Estimated value range
$225k - $715k
Median days on market
75
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Bairnsdale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31 Wallace Street

2025
Sold
$225,000
29 Jul 2025 by Felise Siania, of OBrien Real Estate Bairnsdale

Happy sellers in Bairnsdale

88%
88% of sellers in Bairnsdale reported that their sale price either exceeded or met their price expectations.

Bairnsdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Bairnsdale over the last 12 months.

Local market activity for 2 bedroom houses in Bairnsdale

In the last 12 months, 14 two-bedroom houses similar to 31 Wallace Street, have been sold.

This represents a 12% increase in two-bedroom houses sales when compared to the previous 12 months.

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