SOLD
Sold on 05 Feb 2024 for $575,000

397 Fairbank Road
Arawata VIC 3951

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 810m2
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Property Details for 397 Fairbank Rd, Arawata

397 Fairbank Rd, Arawata is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 810m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Arawata in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
119m2
Land Size
810m2
Local Government
South Gippsland
Lot/Plan
1/LP69438

Last Listing description (May 2024)

Indulge in rural elegance with this captivating triple-fronted, orange brick veneer home amid the rolling hills of South Gippsland. Only 10 minutes from Korumburra's amenities, this retreat offers a serene escape on a quiet country road, a mere 90-minute drive from Melbourne's Eastern Suburbs.
Nestled on an 800m2 block with a slight slope, the home's treed outlook from every room is complemented by established willows and oak trees. The 3 bedrooms, featuring built-in robes in the main, are serviced by a stylish bathroom boasting a freestanding bath, double vanity, and a charming black and white checkered vinyl floor.
The compact yet modern kitchen delights with laminate benchtops, soft-close cabinetry, and a ceramic glass electric cooktop. Enjoy meals with a view (from the dining area), connecting seamlessly to the lounge with a reverse cycle air conditioner and a wood fire. Additionally there is a mudroom/sunroom, perfect for a home artist, with skylight and reverse cycle air-condtioner that delivers heating/cooling further down the hallway. The home's character is enhanced by polished hardwood floors, high ceilings, and period features.

Practical elements include a separate laundry, a toilet, and an oversized single car garage with ramp access - plans are in motion for a two-car extension. The backyard hosts a concrete water tank with UV filtration, a lemon tree, a play-friendly grassy area, and a quaint cubby house.
At the front, a new composite decking area beckons for morning rituals, providing a perfect vantage point to observe the world. This home's inviting soul is complemented by its proximity to the historic Arawata community hall, fostering community connections during occasional shared dinners. Embrace a lifestyle where modern comfort meets country charm in this South Gippsland retreat.

Property History for 397 Fairbank Rd, Arawata, VIC 3951

A timeline of how this property has performed in the market
Last Sold
$575,000
05 Feb 2024
Listed for Rent
$460/w
28 Jun 2023
  • 05 Feb 2024
    Sold for $575,000
  • 31 Dec 2023
    Listed for Sale $595,000
  • 14 Apr 2023
    Listed for Rent $460 / week
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About Arawata 3951

The size of Arawata is approximately 22.4 square kilometres. The population of Arawata in 2011 was 305 people. By 2016 the population was 74 showing a population decline of 75.7% in the area during that time. The predominant age group in Arawata is 50-59 years. Households in Arawata are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Arawata work in a managers occupation. In 2011, 94.5% of the homes in Arawata were owner-occupied compared with 92.3% in 2016..

Arawata has 71 properties. Over the last 5 years, Houses in Arawata have seen a 123.09% increase in median value. As at 31 July 2024:

  • The median value for Houses in Arawata is $1,158,063.
There are currently no properties listed for sale, and no properties listed for rent in Arawata on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Arawata.

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Matt Redmond
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Nutrien Harcourts
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.