38 Paringa Drive, Ferntree Gully, Vic 3156

$1,050,000-$1,150,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
655 m²
Area

Published on Thursday, October 15, 2026 ( See property details for 38 Paringa Drive, Ferntree Gully, Vic 3156)

$1,050,000-$1,150,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stunning single-storey family sanctuary in Koolamara Waters Estate, offering modern living amidst natural beauty and excellent amenities.

🏡 Property Highlights

  • Prime location adjacent to Koolamara Water Reserve with scenic wetlands and walking paths
  • Spacious single-storey family home with four bedrooms and two modern bathrooms
  • Secure double lock-up garage providing ample parking and storage
  • Light-filled open-plan layout designed for both formal and casual living
  • Close proximity to top schools including Mountain Gate Primary and St Joseph's College
  • Convenient access to major shopping centres and transport links

✨ Key Features

  • Built-in Robes
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Floorboards
  • Ensuite
  • Pet-Friendly
  • Walkability Score
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38 Paringa Drive
Ferntree Gully, VIC 3156
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Vertical aerial view — 38 Paringa Drive
38 Paringa Drive — Vertical Aerial  •  Ferntree Gully, VIC 3156  •  Nearmap © 2026

Koolamara Waters Estate offers a tranquil, family-friendly environment with scenic wetlands, walking trails, and open parklands. The area boasts excellent educational options, convenient shopping centres, and easy access to Melbourne’s transport network. Residents enjoy a peaceful lifestyle while remaining close to essential amenities and recreational facilities. The estate’s natural beauty and secure community atmosphere make it an ideal place for families seeking both comfort and outdoor leisure.

What are the main living areas and layout of the property?
The property features a light-filled, open-plan layout with defined zones for formal relaxation and everyday living, designed to cater to a growing family.
Does the home have outdoor spaces or scenic views?
Yes, the home is adjacent to Koolamara Water Reserve, offering scenic wetlands views and access to walking paths and parklands.
Are there schools nearby suitable for families?
Yes, the property is close to several quality schools including Mountain Gate Primary School, Karoo Primary School, Lysterfield Primary School, and St Joseph's College.
What amenities are available within easy reach?
Residents have convenient access to Mountain Gate Shopping Centre, Ferntree Gully Village, Stud Park Shopping Centre, and Westfield Knox for shopping, dining, and entertainment.
Is the property suitable for pets and outdoor activities?
Absolutely, the property’s outdoor area and proximity to open parklands make it pet-friendly and ideal for outdoor recreation.
Are there any upcoming planning or development projects in the area that could affect the property's value or environment? What are the strata or estate management fees, if any, associated with Koolamara Waters Estate? Are there any known issues with the property’s foundation, plumbing, or electrical systems? Is the property compliant with all local building codes and regulations? Are there any easements, covenants, or zoning restrictions that could impact future renovations or extensions? What are the flood or bushfire risks associated with this property? Are there any ongoing or planned construction activities nearby that could cause noise or disruption? Has the property been recently renovated or updated, and are there any warranties or guarantees? What are the total ongoing costs, including council rates, water rates, and insurance? Is there any history of pest infestations or environmental hazards on the property?

38 Paringa Drive, Ferntree Gully, Vic 3156 - More Details

$1,050,000-$1,150,000

Positioned in the highly sought-after, tightly held Koolamara Waters Estate, this stunning single-storey sanctuary delivers an unparalleled lifestyle of family space, single-level comfort, and pristine natural surroundings. Tucked away in a quiet, exclusive pocket enjoyed primarily by local traffic, the home presents an exceptional floorplan featuring four spacious bedrooms, two modern bathrooms, and a secure double lock-up garage. Showcasing refined turn-key elegance throughout, the light-filled layout effortlessly caters to the demands of a growing family, offering defined living zones designed for both formal relaxation and vibrant everyday togetherness.

The home's environment is second to none, sitting directly adjacent to the breathtaking wetlands, picturesque walking paths, and peaceful open parklands of the Koolamara Water Reserve. Every morning promises scenic views and tranquil outdoor recreation right outside your doorstep, giving children and pets a wonderful, safe landscape to explore.

Despite its idyllic nature-filled setting, absolute convenience is effortlessly maintained. Families will appreciate the premier educational access, located within close proximity to quality local options including Mountain Gate Primary School, Karoo Primary School, Lysterfield Primary School, and St Joseph's College. Daily shopping and dining routines are completely stress-free with Mountain Gate Shopping Centre, Ferntree Gully Village, and Stud Park Shopping Centre just minutes down the road, while the world-class retail and entertainment hub of Westfield Knox is only a short drive away. Commuting across Melbourne is made simple with local bus networks, swift access to Ferntree Gully Train Station, and nearby EastLink links. Combining prestige estate living, single-storey ease, and immediate access to nature, this rare property is an opportunity not to be missed!
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
655 m²

Price guide

View Statement Of Information

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Map & nearby places — 38 Paringa Drive, Ferntree Gully, Vic 3156

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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