5 WIMBA COURT
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About this property
Online Registration Link: https://buy.realtair.com/properties/254338 Positioned in a quiet court within a consistently high-demand rental pocket, 5 Wimba Court presents an outstanding investment opportunity with strong potential for reliable returns and future growth. This maintained residence offers a practical floorplan featuring a spacious living zone, functional kitchen with ample storage, and adjoining dining area. The home includes generously sized bedrooms serviced by a central bathroom, making it highly appealing to long-term tenants. Set on a substantial allotment, the property provides scope for value-adding improvements, redevelopment potential, or the possibility to enhance rental yield through upgrades. The large backyard and off-street parking further increase tenant appeal. Conveniently located close to schools, shopping amenities, public transport, and major arterial roads, the property ensures ongoing demand from renters seeking accessibility and lifestyle convenience. Whether you're expanding your portfolio or securing your first investment, this is a smart addition with immediate rental appeal and long-term upside. Auction Terms Settlement 30 - 90 Days Deposit 10 % preferred. Register your interest today to avoid missing out. Online Registration Link: https://buy.realtair.com/properties/254338 Disclaimer. images used are for illustration purposes.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 553 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Coolaroo
This 3-bedroom house in Coolaroo, VIC 3048 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $660,000 median of 61 comparable houseswithin 5 km.
Schools near Coolaroo
- St Mary's Coptic Orthodox Collegecombined · Prep-12 · CoEd
- Coolaroo South Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Exford Street/Longford Crescent (bus) — 59 m away
- Hume City Pharmacy — 189 m away
- James Penrose Reserve — 301 m away
- Progress Reserve — 381 m away
- J Culpin Reserve — 405 m away
Coolaroo at a glance
Full suburb profile- Population
- 3,193
- Median age
- 37
- Household income
- $1,025/wk
- Median rent
- $335/wk
- Median mortgage
- $1,324/mo
Source: ABS Census.
Due diligence
Property Report
Bushfire Risk
None
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BAL rating
BAL-LOW
Bushfire Attack Level
Vegetation
Scattered grassland and urban gardens; minimal native forest or dense scrub nearby
Coolaroo is a northern suburban area of Melbourne with predominantly low vegetation density and urban/peri-urban character. The suburb is unlikely to fall within the Bushfire Prone Area (BPA) or Bushfire Management Overlay (BMO) due to its distance from forested areas and topography. Bushfire risk for properties in Coolaroo is generally low, though BAL assessment should be confirmed via local council planning overlays and CFA mapping.
Suburb market
Suburb price trend
Coolaroo price trend
Median sold · House 3 bed
Compound growth +5.5% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Coolaroo marketThis listing
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