506 Barry Rd, Coolaroo is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 562m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom House sold in Coolaroo in the last 12 months.
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 562m 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 562m allotment
Three-bedroom existing residence
One central bathroom
Two-car drive-through garage
Outstanding renovation opportunity
Ideal prospect for investors, builders and developers
Opportunity to demolish and build your dream home (STCA)
Established residential location with excellent surrounding amenities
Convenient Barry Road frontage and connectivity
LOCATION THAT ADDS TO THE OPPORTUNITY
Location is a standout feature here, with Coolaroo Clinic located only a door away at Barry Road, placing medical services virtually at your doorstep.
The property is also positioned within easy reach of local shopping, schools, public transport and major arterial roads, making everyday commuting and amenities easily accessible.
Families will appreciate being within the Coolaroo South Primary School zone, while the broader Coolaroo, Dallas, Meadow Heights and Roxburgh Park precincts provide an extensive selection of shopping, education, transport and community facilities.
For renovators looking for their next project, investors seeking a well-positioned parcel of land, or buyers wanting to start fresh and build, 506 Barry Road represents an opportunity to secure approximately 562m in an established and highly convenient location.
Renovate. Invest. Rebuild. The choice is yours.
Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist
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 13.60% increase in median value, while Units have seen a 31.10% increase. As at 31 October 2026:
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