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Back 558 Rae St
Off Market

558 Rae St

Fitzroy North VIC 3068

4
2
2
House
Last sold for $5,100,000
Mark VerrocchiMark Verrocchi, last sold this property on 21 February 2026 after 24 days on market.

Overview

Remarkable architectural reimagining of a landmark corner original

A rare architectural statement where heritage, landscape and contemporary living intersect with quiet confidence, this award-winning transformation by acclaimed Melbourne practice Kennedy Nolan reimagines a former corner milk bar into a deeply considered family sanctuary of substance and soul. Retaining the original late-Victorian weatherboard façade and the historic perimeter wall, the home preserves its layered past while unfolding into a series of beautifully calibrated internal zones, framed by landscaped courtyards by Amanda Oliver. Recognised with multiple national and state awards for excellence in residential architecture, the result is a residence that feels both refined and gently playful, rich in narrative, craft, and liveability. Carefully balancing privacy and openness with remarkable intelligence, four bedrooms and two beautifully appointed bathrooms are elevated by natural light, with skylights above both showers delivering daily moments of connection to sky and season. The kitchen and adjoining butler's pantry quietly reference the home's Victorian lineage through panelled joinery and a freestanding statement cooker, layered with premium appliances and tactile materials that feel grounded, enduring and quietly luxurious. Internal courtyards operate as green rooms rather than mere outdoor spaces, drawing light, calm and seasonal texture deep into the home's vast living and dining domains, while creating genuine moments of pause and retreat throughout the day. Environmental performance and comfort have been engineered to a level rarely seen in inner-urban homes. Extensive solar infrastructure supported by Tesla battery storage, hydronic heating throughout, underfloor bathroom heating, zoned ducted air conditioning, three-phase power, EV charging capability and advanced security systems deliver exceptional efficiency, resilience, and futureproofing without visual compromise. A substantial double garage and productive garden zones complete a property that performs as beautifully as it presents - refined yet robust, elegant yet entirely practical. Positioned moments from Merri Creek trails, village shopping along St Georges Road, Nicholson Street and East Brunswick Village, and within the coveted Merri Creek Primary School zone, the lifestyle equation is equally compelling. What was once the entrance to the original milk bar now forms a private threshold into a layered architectural oasis, a subtle nod to the site's past that adds character rather than nostalgia. A genuinely rare opportunity to secure a celebrated architectural home where provenance, performance and personality align with enduring sophistication.

Features

4 bedrooms
2 bathrooms
2 carspaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Fitzroy North over the last 12 months, the estimated median property value of 558 Rae St is $2.16m.

Median value
$2.16m
Estimated value range
$1.41m - $5.1m
Median days on market
25
Estimated value trend
21%
increase 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 558 Rae St

2026
Sold
$5,100,000
Auction Sale on 21 Feb 2026 by Mark Verrocchi, of Nelson Alexander Fitzroy
2017
Sold
Undisclosed
Auction Sale on 28 Oct 2017 by Mark Verrocchi, of Nelson Alexander Fitzroy

Happy sellers in Fitzroy North

79%
79% 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 11 reviews in Fitzroy North over the last 12 months.

Local market activity for 4 bedroom houses in Fitzroy North

In the last 12 months, 32 four-bedroom houses similar to 558 Rae St, have been sold.

This represents a 19% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fitzroy North

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Angus Greene

Angus Greene is an award winning recommended agent for Fitzroy North.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (86 reviews)
  •  4 Reviews in Fitzroy North
  •  4 Sales in Fitzroy North
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Lewis Persano

Lewis Persano is a recommended agent for Fitzroy North.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  4 Reviews in Fitzroy North
  •  6 Sales in Fitzroy North
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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (237 reviews)
  •  2 Reviews in Fitzroy North
  •  1 Sale in Fitzroy North
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Lisa Roberts

Lisa Roberts is an award winning recommended agent for Fitzroy North.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   4.9   (153 reviews)
  •  1 Review in Fitzroy North
  •  3 Sales in Fitzroy North
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