37 Pearson Cres, Coolaroo is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 612m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
*Due to Melbourne's Stage 4 Restrictions, all Nelson Alexander team members are working from home. Please contact us via email or phone to speak about your options to view this property virtually. Thank you.*
Tranquilly positioned yet only a stroll to schools, trains and Progress Reserve, this elevated three bedroom home on a large block (approximately 612m2) is on the market for the first time in decades. Situated next to a parkland walkway it presents open living and dining domains, a kitchen with gas cooking, meals area and spaces suited to outdoor entertaining, and is complete with a productive rear garden and bungalow. Most bedrooms have built-in robes, there's a dual entry central bathroom plus features including solar panels, heating, air conditioning, polished floorboards, rainwater tanks and a long driveway. Shopping centres are just a short drive away.
The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.
Coolaroo has 1,759 properties. Over the last 5 years, Houses in Coolaroo have seen a 18.38% increase in median value, while Units have seen a 10.81% increase. As at 31 October 2024:
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