FOR SALE
$820,000 - $900,000

1 Wattletree Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 972m2
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* Sale by Set Date on Tuesday 22nd October at 6pm (unless sold prior) *

Charming Character Home with Subdivision Potential (STCA).
Discover this delightful character weatherboard style home nestled on a generous 972m² (approx.) of land, this property is a testament to versatile living and smart investment. The flat block offers exciting potential for subdivision (STCA) and boasts the unique advantage of dual road access, opening up a world of possibilities for savvy buyers.Step inside the home where high ceilings and period details harken back to a bygone era, with scope to update to today's lifestyle.
Highlights:
* Four generously sized bedrooms, perfect for growing families.
* The master bedroom, positioned at the front of the home, features its own ensuite for added convenience.
* A well-appointed family bathroom serves the additional bedrooms, ensuring comfort for all.
* Experience the versatility of multiple living areas, offering flexible spaces to suit your lifestyle needs.
* Enjoy year-round comfort with ducted heating and split system cooling, while the charming wood heater creates a cosy atmosphere on chilly evenings.
* Rare dual road access enhances potential for subdivision (STCA) and offers incredible flexibility for future plans.
* An impressive 12m x 6m garage/workshop provides ample space for vehicles, a home workshop, or additional storage. Ideal for hobbyists, car enthusiasts, or those needing extra room for projects.
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Property Details for 1 Wattletree Rd, Ferntree Gully

1 Wattletree Rd, Ferntree Gully is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 972m2. The place is currently for sale with Barry Plant - Boronia.

Building Type
House
Land Size
972m2

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About Ferntree Gully 3156

The size of Ferntree Gully is approximately 14 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Ferntree Gully in 2011 was 25,585 people. By 2016 the population was 26,433 showing a population growth of 3.3% in the area during that time. The predominant age group in Ferntree Gully is 30-39 years. Households in Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferntree Gully work in a professional occupation. In 2011, 78.9% of the homes in Ferntree Gully were owner-occupied compared with 77% in 2016.

Ferntree Gully has 13,517 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.44% increase in median value, while Units have seen a 23.61% increase. As at 31 August 2024:

  • The median value for Houses in Ferntree Gully is $866,574 while the median value for Units is $665,439.
  • Houses have a median rent of $583 while Units have a median rent of $530.
There are currently 59 properties listed for sale, and 19 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Rodney Pickard
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Keith Wilson
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Barry Plant - Boronia
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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.