FOR SALE
$700,000 - $770,000

38 Joan Avenue
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1388m2
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Prime Allotment with Filtered City Views

Join others in this tightly held pocket and claim an enormous 1/3 acre (1388m2) as the canvas for your dream home. Poised in a quiet and peaceful locale with filtered city views from the rear of the tiered block, you can choose to add value to the existing 2 bedroom plus study western red cedar home with a contemporary renovation, or lease-out whilst you get your plans and permits in place for a luxury new build (STCA). Inside, high ceilings, slate floors, exposed brick and plenty of potential awaits including a dual living floorplan that features a west-facing lounge/dining (hello sunsets!), open plan kitchen/living/meals (gas cooktop and electric oven) and a master with walk-in robe. A rear study/home office could easily be converted to a third children’s bedroom or nursery and the lavishly sized bathroom and laundry wing is only limited by your imagination.
Outside, a sunny all-season deck at the front of the home is the perfect spot for a morning brew with birdsong, whilst at the rear tiered gardens brimming with colourful camellias and rhododendrons cascade upwards until you see glimpses of the city skyline. Currently a wonderland for the little ones, you could add an elevated deck (STCA) and never tire of the peaceful and picturesque setting.
Walk to Ferntree Gully North Primary for lifestyle ease and you’re moments from Ferntree Gully Village, bush walks, buses, reserves, the 1000 steps, St Joseph’s College and under 5-minutes’ drive to both Boronia and Ferntree Gully station, shopping and amenities.
At a Glance:
• Large lounge/dining with study nook.
• Open plan kitchen/meals/living.
• Master with walk-in robe.
• Home office/third bedroom.
• Spacious skylit bathroom.
• Huge laundry space.
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Property Details for 38 Joan Ave, Ferntree Gully

38 Joan Ave, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1388m2. The place is currently for sale with Bell Real Estate - OLINDA.

Building Type
House
Land Size
1388m2

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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 64 properties listed for sale, and 29 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Bryce Mclean
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Bell Real Estate - OLINDA
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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.