Back 42 Rae Street
Off Market

42 Rae Street

Fitzroy North VIC 3068

3
1
House
Last sold for $2,060,000
Sonya LaferlaSonya Laferla, last sold this property on 14 June 2025 after 24 days on market.

Overview

Sophisticated living in architecturally-designed 'Norwood' house

Setting a new benchmark for modern living, this stunning home offers relaxed luxury, sophisticated style, and practical functionality in spades. Completely turnkey, every inch of this property, expertly renovated by Architecture Architecture, whispers elegant, thoughtful design, while the coveted location is steps from the Brunswick Street tram and entertainment district, and minutes' walk from the local Fitzroy North Village and idyllic Edinburgh Gardens. Beyond the charmingly restored front, you'll find the cozy formal living area or optional third bedroom with wood-burning fireplace, before reaching the inviting heart of the home. Anchored by rich timber floors that meld seamlessly with the external deck, the kitchen/dining and living space showcases custom joinery cabinets and seating, premium integrated appliances including Fisher and Paykel fridge and Smeg induction cooktop, a statement-making, waterfall island bench, built-in blackbutt dining table, and concealed TV. Joining the brick-paved courtyard through a full-height glass pivot door, the entire space provides for effortless entertaining, also offering on-title laneway access to York Street. The inviting atmosphere continues upstairs, where two spacious bedrooms with bespoke built-in robes, including the primary with private balcony and exposed brick fireplace, are serviced by the stunning central bathroom, complete with walk-in shower, separate tub, large floating vanity with storage, and electric-opening skylight. In addition, a dedicated study space offers welcome flexibility as a separate retreat, or maybe another bedroom with the simple inclusion of a wall. For ultimate ease, added features include underfloor heating and panel heaters downstairs, ducted heating and cooling and ceiling fans upstairs, a wealth of storage options including outdoor shed, and exceptionally high ceilings throughout, enhancing the sense of space. Featured in The Design Files: https://thedesignfiles.net/2021/10/architecture-norwood-architecture-architecture Featured in the Local Project: https://thelocalproject.com.au/articles/norwood-by-architecture-architecture-project-feature-the-local-project/?srsltid=AfmBOopN_x0g75m_WDd3rPx7xSU5zcmSFodAodj7rlYwKHlVPSTg6ama Architect: https://architecturearchitecture.com.au/projects/norwood

Features

3 bedrooms
1 bathroom
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Fitzroy North over the last 12 months, the estimated median property value of 42 Rae Street is $1.64m.

Median value
$1.64m
Estimated value range
$1.13m - $2.58m
Median days on market
24
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Fitzroy North. 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 42 Rae Street

2025
Sold
$2,060,000
Auction Sale on 14 Jun 2025 by Sonya Laferla, of Nelson Alexander Fitzroy
2014
Sold
Undisclosed
29 Aug 2014 by Spiros Karagiannidis, of Nelson Alexander Fitzroy

Happy sellers in Fitzroy North

76%
76% of sellers in Fitzroy North reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Fitzroy North over the last 12 months.

Local market activity for 3 bedroom houses in Fitzroy North

In the last 12 months, 60 three-bedroom houses similar to 42 Rae Street, have been sold.

This represents a 22% decrease in three-bedroom houses sales when compared to the previous 12 months.

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