5 Douglas StreetKangaroo Flat VIC 3555
Property Details for 5 Douglas St, Kangaroo Flat
5 Douglas St, Kangaroo Flat is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 657m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (February 2023)
The deciding factor in purchasing property is always location. Location, value and potential and it's all on offer here.
Douglas Street is in a quiet pocket of Kangaroo Flat within easy walking distance of the Homemakers Centre and very close to Bunnings and Lansell Square. The Kangaroo Flat shopping strip and Aldi are just down the road, and with the installation of the Queen Street/Crusoe Road traffic lights it is easy to turn onto High Street to head into town.
The house has been partly refurbished, however is not habitable in its current condition. At an affordable purchase price, buyers who are interested in this property may complete the unfinished renovations or start again and create something completely of their own design.
In keeping with many of the neighbouring property owners, you could investigate with council the possibility of removing the structure and constructing two townhouses. The block is a level 656sqm, with a 16m frontage and all services available.
This is an outstanding opportunity to value-add with a view to future wealth creation.
A copy of the Due Diligence checklist can be found at https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 5 Douglas St, Kangaroo Flat, VIC 3555
- 25 Jul 2024Sold for $380,000
- 05 Dec 2022Sold for $275,000
- 29 Sep 2022Listed for Sale Price Reduced $280,000 - $300,000
Recent sales nearby
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0About Kangaroo Flat 3555
The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2016 was 10394 people. By 2021 the population was 11328 showing a population growth of 9.0% in the area during that time. The predominant age group in Kangaroo Flat is 60-69 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation.In 2021, 69.00% of the homes in Kangaroo Flat were owner-occupied compared with 67.40% in 2016.
Kangaroo Flat has 6,381 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 61.60% increase in median value, while Units have seen a 50.57% increase. As at 30 November 2025:
- The median value for Houses in Kangaroo Flat is $604,460 while the median value for Units is $435,207.
- Houses have a median rent of $500 while Units have a median rent of $445.
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