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342 Rae Street, Fitzroy North VIC 3068

EOI $1,700,000 - $1,800,000

Search Band Search Visibility Band

$1.7M - $1.8M High Confidence Calculated based on strong search observations.

House 3 Beds 2 Baths

Listed: yesterday

Overview

Positioned in one of Melbourne’s most lively inner-city neighbourhoods, this sunlit terrace offers a rare blend of light-filled spaces and practical, low-maintenance living. Unlike typical terraces that limit natural sunlight, this residence boasts a bright dual-aspect dining room extending to the street and a central north-facing courtyard. This courtyard, accessible via French doors on two sides, becomes a tranquil and sun-soaked venue for entertaining, dining, or simply relaxing.

The thoughtfully designed layout balances generous room proportions with versatile live/work options. Notably, one of the three sizable bedrooms on the ground floor includes private laneway access, perfect for use as a home office or guest suite. Complementing this flexibility is a separate study nook and two spacious bathrooms, both featuring large double vanities, enhancing convenience and privacy.

Three generously sized bedrooms, including one with exclusive laneway access
Two oversized bathrooms with double vanities providing comfort and functionality
Dedicated study nook offering a quiet workspace
Well-equipped kitchen with six-burner gas cooktop, oven, dishwasher, and integrated fridge for culinary ease
Bright, dual-aspect dining area welcoming natural light and street appeal
North-facing courtyard designed for entertaining and outdoor enjoyment
Hardwood floors throughout adding warmth and timeless style
Ample storage complemented by built-in shelving for organizational excellence
Hydronic heating with three new split systems ensuring year-round comfort

Located mere steps from Edinburgh Gardens and vibrant North Fitzroy Village, with easy access to St Georges Road and the bustling bars, eateries, and tram routes of Nicholson Street. The iconic North Fitzroy Arms pub is just a few doors away, with the CBD less than 5km from this exceptional residence.

Local Market Insights

In Fitzroy North, Quiet Listings observed 20 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $1,469,000. The property type mix of listed properties is predominantly Houses at 69%, followed by apartments (21%), and townhouses (7%). The most active agency for houses in the Fitzroy North area is currently Nelson Alexander, representing 60% of new listings, followed by Jellis Craig with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.