506 Barry Road, Coolaroo, VIC 3048 | House for sale | OnTheHouse
 
FOR SALE
Auction Saturday 17th October AT 10:30AM

506 Barry Road
Coolaroo VIC 3048

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Auction Time
Sat 17 Oct 10:30 am
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RENOVATE, INVEST OR REBUILD - AN OPPORTUNITY PACKED WITH POTENTIAL

Positioned along one of Coolaroo's most convenient and well-connected pockets, this three-bedroom residence presents an exciting opportunity for renovators, investors and buyers looking to unlock the potential of a generous approximately 562m² allotment.
Whether your vision is to breathe new life into the existing home, secure an investment for the future, or clear the site and create something entirely new, this property offers the land, location and possibilities to make it happen (STCA).
The existing residence comprises three bedrooms, one bathroom and a two-car drive-through garage, providing a solid footprint for those prepared to undertake a renovation. For buyers with a bigger vision, the substantial allotment also provides an opportunity to explore redevelopment or a brand-new build, subject to council and relevant authority approval.
PROPERTY HIGHLIGHTS
• Generous approximately 562m² allotment
• Three-bedroom existing residence
• One central bathroom
• Two-car drive-through garage
• Outstanding renovation opportunity
• Ideal prospect for investors, builders and developers
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Property Details for 506 Barry Rd, Coolaroo

506 Barry Rd, Coolaroo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Bombay Real Estate.

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About Coolaroo 3048

The size of Coolaroo is approximately 3.1 square kilometres. There are 4 parks, covering nearly 3.6% of the total area. The population of Coolaroo in 2016 was 3191 people. By 2021 the population was 3193 showing a population growth of 0.1% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a machinery operators and drivers occupation.In 2021, 63.40% of the homes in Coolaroo were owner-occupied compared with 66.10% in 2016.

Coolaroo has 1,787 properties. Over the last 5 years, Houses in Coolaroo have seen a 21.07% increase in median value, while Units have seen a 38.73% increase. As at 31 August 2026:

  • The median value for Houses in Coolaroo is $619,871 while the median value for Units is $557,912.
  • Houses have a median rent of $500.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Coolaroo on OnTheHouse. According to Cotality's data, 57 properties were sold in the past 12 months in Coolaroo.

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Abeer Alhatab
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Moey Khalil
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Bombay Real Estate
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