506 Barry Road, Coolaroo, Vic 3048

RESERVE PRICE $579,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
562 m²
Area

Last updated on Friday, October 23, 2026 ( See property details for 506 Barry Road, Coolaroo, Vic 3048)

RESERVE PRICE $579,000

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

A versatile three-bedroom house on a substantial 562m² allotment in a highly connected and convenient Coolaroo location, perfect for renovation, investment, or redevelopment (STCA).

🏡 Property Highlights

  • Generous approximately 562m² allotment offering redevelopment potential
  • Outstanding renovation opportunity with existing three-bedroom residence
  • Prime location on Barry Road with excellent connectivity and amenities
  • Two-car drive-through garage suitable for multiple vehicles or projects
  • Close proximity to Coolaroo Clinic and local shopping precincts
  • Ideal for investors, builders, and developers seeking a versatile site

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Floorboards
  • Ensuite
  • Internal Laundry

Coolaroo offers a vibrant community with excellent amenities, including shopping centres, schools, and public transport. The suburb features well-established residential streets, convenient access to major roads, and proximity to medical facilities like Coolaroo Clinic. Its family-friendly environment and ongoing development make it an attractive location for homeowners and investors alike.

What are the potential uses for this property?
The property offers opportunities for renovation, redevelopment, or building a new home, subject to council approval and relevant permits.
Is the property suitable for investment purposes?
Yes, its prime location, large allotment, and redevelopment potential make it an attractive option for investors seeking long-term growth.
What is the condition of the existing residence?
The existing house is a three-bedroom, one-bathroom residence suitable for renovation or refurbishment projects.
Are there any planning restrictions or approvals required?
Yes, any redevelopment or new build will require council approval and compliance with local planning regulations.
What amenities are nearby?
The property is close to shopping centres, schools, public transport, medical facilities, and major arterial roads for easy commuting.
Are there any existing planning or building restrictions on the property? Has the property been affected by flooding or bushfire risks? Are there any easements, covenants, or zoning restrictions that could impact redevelopment? What are the potential costs involved in renovation or demolition? Is there any history of structural issues or repairs needed for the existing residence? Are there any upcoming developments or construction projects nearby that could affect the property? What are the council requirements and approval processes for building or redevelopment? Are there any strata or community title considerations if applicable? What are the ongoing costs associated with the property, such as council rates or maintenance? Is the property compliant with all local building codes and safety standards?

506 Barry Road, Coolaroo, Vic 3048 - More Details

RESERVE PRICE $579,000

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
• 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 562m² 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
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
562 m²

Price guide

View Statement Of Information

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Inspections times

  • Inspection Sat 24 Oct 3:30 pm

    Saturday 24 October
    3:30 pm - 4:00 pm

Auctions

  • 506 Barry Road, Coolaroo, Vic 3048

    Saturday 24 October
    4:00 pm

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