FOR SALE
Auction ($680,000 - $748,000)

5 Renwick Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 842m2
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Auction Time
Sat 21 Sep 10:00 am
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No upcoming inspections scheduled.
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Unlock Your Dream Opportunity at 5 Renwick Road, Ferntree Gully

Seize the chance to transform this 842 sqm (approx.) property into your ideal home or development project. Perfectly positioned in a sought-after location, this site offers endless possibilities for a knock-down rebuild or complete renovation (STCA).
Currently featuring three bedrooms with built-in robes, a spacious bathroom with a separate toilet, and a functional open-plan kitchen and meals area, this residence is ready for a modern makeover. Enjoy the comfort of an electric cooktop and oven, a gas fireplace, and a wall AC unit in the living area. The property also includes a dining space, living room, laundry, and a generous backyard, along with a garage for added convenience.
Whether you envision a contemporary family haven or a lucrative development venture, 5 Renwick Road offers the perfect foundation to bring your vision to life. Don't miss this exceptional opportunity.
Features:
• 842 Sqm Approx Land Size
• 3 Bedrooms with Built-in robes
• 1 Bathroom with Separate Toilet
• Open Plan Kitchen and Meals
• Electric Cooktop and Oven
• Dining
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Property Details for 5 Renwick Rd, Ferntree Gully

5 Renwick Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 842m2. The place is currently for sale with Ray White Ferntree Gully.

Building Type
House
Land Size
842m2

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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.

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Matt Morris
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Ray White Ferntree Gully
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