OFF MARKET

5/1-3 Colour Road
Diggers Rest VIC 3427

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 112m2
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Last updated 16 Dec 2024
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Property Details for 5/1-3 Colour Rd, Diggers Rest

5/1-3 Colour Rd, Diggers Rest is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 112m2 and floor size of 111m2.

Building Type
Unit
Year Built
2013
Floor Size
111m2
Land Size
112m2
Local Government
Melton

Last Listing description (February 2017)

If you want to live close to the city but still have that country feel, then Diggers Rest is for you. It s a great place to live with not much passing traffic so is very quiet at night. You can walk down the street and feel perfectly safe. As the area is relatively flat, it is great for walking the dogs or just for a casual stroll.
The nearest shopping centre in Sunbury is about 10 minutes away with easy access now that the road into Sunbury has been widened and is now complete. Watergardens Shopping Centre is also not very far away.
There are a couple of local shops such as milk bar and fish and chip shop and there is talk of a shopping centre in Diggers Rest to be built sometime in the future which would no doubt boost property prices. The train line is to be upgraded to the Metro system rather than V-Line so there will be more frequent trains operating. There is also a regular bus service.

All in all it is a great place to live.
They can be purchased off the plan saving MASSIVE stamp duty.
Demand is high. Don't miss out to secure one of these amazing units.
Call Angelo on 0400 935 792 for more information.

All renders are artist impressions only and are subject to change without notice. Views depicted are to be used as a guide only.

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Property History for 5/1-3 Colour Rd, Diggers Rest, VIC 3427

A timeline of how this property has performed in the market
  • 03 Nov 2016
    Listed for Sale Not Disclosed
  • 31 Aug 2016
    Listed for Sale $320,000
  • 24 Mar 2016
    Listed for Sale Not Disclosed

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About Diggers Rest 3427

The size of Diggers Rest is approximately 69.9 square kilometres. It has 8 parks covering nearly 1% of total area. The population of Diggers Rest in 2011 was 2,275 people. By 2016 the population was 2,746 showing a population growth of 20.7% in the area during that time. The predominant age group in Diggers Rest is 20-29 years. Households in Diggers Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Diggers Rest work in a clerical occupation. In 2011, 79.6% of the homes in Diggers Rest were owner-occupied compared with 79.2% in 2016.

Diggers Rest has 4,602 properties. Over the last 5 years, Houses in Diggers Rest have seen a 20.65% increase in median value, while Units have seen a 22.44% increase. As at 30 November 2024:

  • The median value for Houses in Diggers Rest is $649,568 while the median value for Units is $542,606.
  • Houses have a median rent of $520 while Units have a median rent of $455.
There are currently 31 properties listed for sale, and 14 properties listed for rent in Diggers rest on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Diggers rest.

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