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5/37 Riverine Street, Bairnsdale, VIC 3875

5/37 Riverine Street, Bairnsdale, VIC 3875

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For sale

$389,000

5/37 Riverine Street, Bairnsdale, VIC 3875

2

1

197m²

111m²

other - unit

Map of 5/37 Riverine Street, Bairnsdale, VIC 3875, Bairnsdale, Victoria

Property Description

Listed on 12 June 2026

Positioned just moments from the heart of Bairnsdale's vibrant town centre, this well-kept townhouse presents an outstanding opportunity for the savvy investor seeking a low-maintenance property in an unbeatable location. Set within a highly desirable and tightly held unit complex, it offers all the convenience of in-town living with strong rental appeal already secured. Importantly, the property is currently leased to fantastic tenants who are committed for the next 12 months, providing immediate and reliable income from day one. With this secure tenancy in place, the home is ideally suited to investors or buyers who are not looking to occupy in the near future. Inside, the townhouse features two comfortable bedrooms, a well-appointed bathroom and a practical layout designed for easy living. The light-filled interiors are complemented by a lovely northerly aspect, while outside a private rear courtyard offers a quiet space to relax. A single garage adds further convenience and functionality. With its blue-chip position just a short stroll to shops, cafes, services and everything Bairnsdale has to offer, this is a smart addition to any property portfolio in a location that continues to perform. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jun 2026

$389,000

Sold
Jan 2019

$255,000

Rental
Jan 2017

$250 PER WEEK

Rental
Dec 2016

$250

Sold
May 2009

$220,000

Sold
Jan 1998

$90,000

Sold
Oct 1991

$103,000

Sold
Oct 1987

$82,000

Sold
Aug 1987

$75,000

Median unit price trends

Comparing the price trend of units in Bairnsdale against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

55 Days

House median days on market

78 Days

Unit median days on market

255 Properties

Sold in last 12 months

102 Properties

Available in the last month

Bairnsdale residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Singles

Most common household profile

Labourers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Bairnsdale Christian College

K - Yr 12

Independent

Bairnsdale Primary School

K - Yr 6

Government

Bairnsdale West Primary School

K - Yr 6

Government

St Mary's School

K - Yr 6

Catholic

Wild Cherry School

K - Yr 6

Independent

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Bairnsdale

View the suburb data

East Gippsland

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Victoria

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Explore surrounding suburbs

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Median House: $634,758

Median Unit: $384,367

Median House: $475,532

Median Unit: $359,992

Median House: $1,040,477

Median Unit: $572,998

Median House: $1,278,132

Median Unit: $502,561

Median House: $968,295

Median Unit: $573,546

Median House: $755,540

Median Unit: $380,642

Frequently asked questions

5/37 Riverine Street is a Other built in 1995 in Bairnsdale, Victoria. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 5/37 Riverine Street includes 2 bedrooms, 1 bathroom and no assigned parking spaces.

5/37 Riverine Street in Bairnsdale has a land size of approximately 197 square metres and an internal floor area of around 111 square metres.

5/37 Riverine Street in Bairnsdale, Victoria, is close to local schools such as Bairnsdale Christian College, Bairnsdale Primary School, Bairnsdale West Primary School, St Mary's School, Wild Cherry School, Bairnsdale Christian College, Bairnsdale Secondary College, Bairnsdale Secondary College-Changing Lanes - VCAL and Nagle College

As of 6/1/2026, the property at 5/37 Riverine Street is not available in our data at this time.

Contact the agent

OBrien Real Estate Bairnsdale

Mark Ashley

OBrien Real Estate Bairnsdale

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