OFF MARKET

3 Banool Road
Fairhaven VIC 3231

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 186m2
Land area: 1440m2
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Property Details for 3 Banool Rd, Fairhaven

3 Banool Rd, Fairhaven is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 1440m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1992
Floor Size
186m2
Land Size
1440m2
Local Government
Surf Coast
Lot/Plan
152/LP26947

Last Listing description (December 2015)

Offers required by 15 November 2015
Set on large 1441sqm (app) native allotment, this substantial 5 bedroom residence is in a sheltered position, capturing all the morning sun and offers direct access to the Fairhaven beach and surf club. The residence is presented in immaculate condition and enjoys many user friendly features. The large open plan living area on the upper level is enhanced by the enormous east facing sundeck complete with a spa at one end. It is not difficult to imagine strolling back from a great day at the beach and heading straight to the spa with a cool drink. The residence is very practical with enough room to accommodate a large family or guests, with the semi self-contained unit on the lower level being a very useful feature. The size of the native allotment provides a true sense of space with plenty of room for kids to roam. Other features include an open fire, 3 bathrooms, carport and a great use of natural light. A particularly practical aspect of this position is that the beach access will be improved considerably when the current construction of the underpass under the Great Ocean Road is completed in December to provide direct beach access without having to cross the Great Ocean Road. A substantial offering that can be utilized this summer.

Property History for 3 Banool Rd, Fairhaven, VIC 3231

A timeline of how this property has performed in the market
Last Sold
$940,000
02 Nov 2015
  • 02 Nov 2015
    Sold for $940,000
  • 05 Oct 2015
    Listed for Sale $880,000 - $920,000
  • 02 Oct 1993
    Listed for Sale Not Disclosed
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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 592 properties. Over the last 5 years, Houses in Fairhaven have seen a 56.32% increase in median value, while Units have seen a 177.95% increase. As at 31 October 2024:

  • The median value for Houses in Fairhaven is $1,899,841 while the median value for Units is $1,607,869.
There are currently no properties listed for sale, and no properties listed for rent in Fairhaven on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Fairhaven.

Suburb Insights for Fairhaven 3231

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Disclaimer
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.