OFF MARKET

22-24 Banool Road
Fairhaven VIC 3231

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 186m2
Land area: 3074m2
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Last updated 16 Sep 2024
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Property Details for 22-24 Banool Rd, Fairhaven

22-24 Banool Rd, Fairhaven is a 3 bedroom, 3 bathroom House with 4 parking spaces and was built in 1987. The property has a land size of 3074m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1987
Floor Size
186m2
Land Size
3074m2
Local Government
Surf Coast
Lot/Plan
1/LP114036

Last Listing description (May 2022)

An absolutely superb, clifftop holding perched above the Great Ocean Road is being offered for sale for the first time since 1947.
Set on two separate titles, and comprising in total around 3074m2 of prime, coastal real estate. The privacy of this property is almost unrivalled for cliff top properties in the area and the feeling of isolation so close to the ocean is very unique.
22 Banool Road comprises a solid, neat and tidy, sprawling beach house with generous accommodation of four bedrooms, three living areas and three bathrooms. Set on around 1162m2 of land with magnificent views over breaking waves. A second storey (STSA) would provide for 180' views from Lorne to the Aireys Inlet lighthouse.

24 Banool Road is one of the very last remaining, front row vacant allotments on the entire Great Ocean Road. A huge parcel of land of around 1912m2 with frontage to the Great Ocean Road and rear access off Banool Road. The land comes with a designated building envelope which should allow for a quick passage through the planning process. A double storey dwelling (STSA) will provide 180' views from Lorne to the Aireys Inlet lighthouse.
Both properties are being sold as one package and will not be offered separately.

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Property History for 22-24 Banool Rd, Fairhaven, VIC 3231

A timeline of how this property has performed in the market
Last Sold
$5,250,000
11 May 2022
  • 11 May 2022
    Sold for $5,250,000
  • 14 Apr 2022
    Listed for Sale Under Contract

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About Fairhaven 3231

The size of Fairhaven is approximately 5.2 square kilometres. It has 2 parks covering nearly 41.2% of total area. The population of Fairhaven in 2011 was 354 people. By 2016 the population was 276 showing a population decline of 22.0% in the area during that time. The predominant age group in Fairhaven is 50-59 years. Households in Fairhaven are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairhaven work in a professional occupation. In 2011, 85.8% of the homes in Fairhaven were owner-occupied compared with 83.5% in 2016.

Fairhaven has 606 properties. Over the last 5 years, Houses in Fairhaven have seen a 72.04% increase in median value, while Units have seen a 177.95% increase. As at 31 August 2024:

  • The median value for Houses in Fairhaven is $1,944,119 while the median value for Units is $1,283,322.
There are currently no properties listed for sale, and no properties listed for rent in Fairhaven on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Fairhaven.

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