FOR SALE
$1,220,000

3 The Avenue
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1015m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

The foundation of your visionary dreams in mixed use zone

An exceptional opportunity awaits on this expansive 1,015 sqm corner block in the heart of Ferntree Gully. As one of the last available high-density mixed-use sites in Ferntree Gully Village, this versatile land parcel invites visionary development, offering endless possibilities to craft something truly iconic. Whatever your vision, this site provides the foundation.
Envision a landmark creation: retail shops or cafés at street level with stylish apartments above (STCA), each graced with sweeping mountain views. Alternatively, design a collection of modern townhouses, care facilities, or even a place of worship (STCA). This site promises flexibility for your most ambitious plans.
Perfectly positioned, this rare land is within the heart of Ferntree Gully Village and in close proximity to Ferntree Gully Train Station, placing it in the desirable Ferntree Gully North Primary and Boronia K-12 College zones. Nature enthusiasts will appreciate the proximity to the serene Tim Neville Arboretum, Ferntree Gully Quarry, and the enchanting Dandenong Ranges.
Seize this unparalleled chance to build a landmark that meets the community's needs while benefiting from a prime location and panoramic vistas. This is a once-in-a-lifetime development opportunity not to be missed!
Features:
• Expansive 1,015 sqm corner block with zoning flexiblity
• One of the last high-density, mixed-use sites in Ferntree Gully Village
• Healthcare, community care facilities, place of worship (STCA)
• Residential apartments or townhouses (STCA)
• Commercial spaces and basement parking option (STCA)
See MoreView Statement of Information

Property Details for 3 The Avenue, Ferntree Gully

Building Type
Land
Land Size
1015m2

Commute Calculator

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 13,639 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 18.71% increase in median value, while Units have seen a 13.29% increase. As at 30 November 2024:

  • The median value for Houses in Ferntree Gully is $874,415 while the median value for Units is $653,840.
  • Houses have a median rent of $600 while Units have a median rent of $555.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Ferntree gully.

Ferntree Gully Profile Page

Suburb Insights for Ferntree Gully 3156

Visit Ferntree Gully profile page
Market Insights
Ferntree Gully Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ferntree Gully Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ferntree Gully profile page
Contact agent
Ben Thomas
Show contact details
Call agent
Sarah Mcglone
Show contact details
Call agent
Ray White Ferntree Gully
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED