35 Banool RoadFairhaven VIC 3231
Property Details for 35 Banool Rd, Fairhaven
35 Banool Rd, Fairhaven is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1141m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (April 2014)
Having been in the same family for three generations, this brilliantly positioned and much loved property is an opportunity for a new family to start their generational tenure. The view is simply spectacular. Overlooking the breaking surf and positioned opposite the iconic "Pole house", the 180 degree panoramic outlook also takes in Lorne and the Aireys Inlet Lighthouse. Set on a substantial 1165sqm (app) allotment, the three level, three bedroom, two bathroom residence is well presented with recent fresh upgrades inside and out, however the exclusivity of this Banool Road position is where the true value lies. Being at the elevated end of a cul-de-sac, the position is private, quiet and the view can never be compromised. It would be difficult to overcapitalise with any future redevelopment on site however the current residence is more than comfortable while future plans become clearer. The access to the 6km long beach and the new Fairhaven Surf Club is only 100m (app) from the property. Those who know Fairhaven will understand what a special opportunity this sale represents.
Property History for 35 Banool Rd, Fairhaven, VIC 3231
- 27 May 2014Sold for $1,215,000
- 22 Mar 2014Listed for Sale ESTIMATED PRICE RANGE $1,200,000 - $1,300,000
- 20 Nov 1984Sold
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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 596 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.
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