486 Barry Road, Coolaroo, Vic 3048

Auction | $520,000 - $570,000

House
Type
3
Bedrooms
1
Bathrooms
4
Parkings
557 m²
Area

Last updated on Friday, October 02, 2026 ( See property details for 486 Barry Road, Coolaroo, Vic 3048)

Auction | $520,000 - $570,000

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

A versatile three-bedroom home on a spacious 557m² block with redevelopment potential and excellent outdoor living options in Coolaroo.

🏡 Property Highlights

  • Generous 557m² block with ample outdoor space
  • Potential for redevelopment (STCA)
  • Light-filled living area with split-system heating and cooling
  • Functional kitchen with gas cooking and ample storage
  • Large covered outdoor area and extensive shedding
  • Ideal for first home buyers, investors, and renovators

✨ Key Features

  • Split-system heating and cooling
  • Ample storage
  • Outdoor Area
  • Built-in Robes
  • Garage / Secure Parking
  • Open-Plan Living
  • Fully fenced
  • Water tank
  • Floorboards
  • Pet-Friendly
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486 Barry Road
Coolaroo, VIC 3048
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Vertical aerial view — 486 Barry Road
486 Barry Road — Vertical Aerial  •  Coolaroo, VIC 3048  •  Nearmap © 2026

Coolaroo is a vibrant suburb offering excellent connectivity to Melbourne’s CBD and surrounding areas. It features a mix of established homes and new developments, with convenient access to shopping centres, schools, and public transport. The area boasts spacious parks and recreational facilities, making it ideal for families and investors seeking growth potential. Its affordable housing options and ongoing community development make Coolaroo a desirable place to live and invest.

What is the current condition of the property and what renovations are needed?
The property is in a livable condition with a functional layout, and offers a great opportunity for renovation and improvement to suit personal preferences.
Are there any restrictions or approvals required for redevelopment (STCA)?
Yes, redevelopment would require approval from local council and compliance with planning regulations; it's advisable to consult with a planning professional.
What are the nearby amenities and transport options?
The property is conveniently located close to local shopping centres, schools, public transport, and major arterial roads for easy access to surrounding suburbs.
Is the property suitable for families or investors?
Yes, the spacious outdoor area and potential for redevelopment make it ideal for families, first home buyers, and investors seeking future growth.
What are the ongoing costs associated with the property?
Ongoing costs may include council rates, water charges, and maintenance of the outdoor areas and shed; specific costs should be confirmed with the vendor or a property professional.
Are there any zoning restrictions or easements affecting the property? Has the property been affected by flooding or bushfire risks? Are there any existing planning or development approvals in place? What are the total costs involved in renovating or redeveloping the property? Is there any history of structural issues or repairs needed? Are there any upcoming council or community planning projects nearby that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any noise or nuisance issues from neighboring properties? Is the property compliant with all local building codes and regulations? Are there any restrictions on the use of the land or future development plans?

486 Barry Road, Coolaroo, Vic 3048 - More Details

Auction | $520,000 - $570,000

Perspective:

Offering an exciting opportunity for first home buyers, investors and renovators, this three-bedroom home presents generous outdoor space on 557m2 approx and offers plenty of potential to update, improve and make your own.

Conveniently positioned in an established Coolaroo location, the home provides easy access to local shopping, schools, public transport and major arterial roads, making everyday amenities and surrounding suburbs easily accessible.

Inside, the home features three bedrooms, a central bathroom and a spacious light-filled living area complete with split-system heating and cooling. The functional kitchen offers gas cooking and ample storage, with the home's practical existing layout providing an ideal starting point for those looking to renovate and make it their own.

Outside, the generous backyard provides plenty of usable space, complemented by extensive shedding and a large covered area. With substantial room surrounding the existing home, the property offers plenty of scope for buyers looking to take advantage of the land and explore its future potential (STCA).

Property Features:

- Redevelopment potential (STCA)
- Spacious and light-filled living area
- Split-system heating and cooling
- Ample storage


Due diligence checklist – consumer.vic.gov.au/duediligencechecklist
Please refer to the contract of sale and vendor statement for material facts.
This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Prospect Estate Agents takes no responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information provided.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
4
Area
557 m²

Price guide

View Statement Of Information

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Auctions

  • 486 Barry Road, Coolaroo, Vic 3048

    Saturday 24 October
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