FOR SALE
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370 Scoresby Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 976m2
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Premium Block, Powered By Potential!

Overflowing with promise and opportunities, this time-capsule residence presents outstanding future adaptability on a 975m2 plot. Ideally positioned mere moments from public transport, schools, Eastlink, and Knox City Shopping Centre, it guarantees its new owners substantial returns on investment and a lifestyle of fulfillment.
Astute homeowners and investors will appreciate its potential for a luxurious dream home construction, a renovation project, or the possibility of expansion (subject to council approval).
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Property Details for 370 Scoresby Rd, Ferntree Gully

370 Scoresby Rd, Ferntree Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 976m2. The place is currently for sale with Ray White Wantirna.

Building Type
House
Land Size
976m2

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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 13,518 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 30.31% increase in median value, while Units have seen a 28.38% increase. As at 31 July 2024:

  • The median value for Houses in Ferntree Gully is $855,455 while the median value for Units is $661,637.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 56 properties listed for sale, and 28 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 489 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Amir Hashemi
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Vivian Li
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Ray White Wantirna
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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.