FOR SALE
$590,000 - $649,000

6 Gerald Street
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 705m2
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Prime Opportunity in the Heart of Ferntree Gully

Set on an expansive 705sqm (approx.) allotment, this property presents an exceptional chance to craft your dream home in one of Ferntree Gully's most sought-after locations. The existing original three-bedroom, one-bathroom residence offers the potential for a complete knock-down and rebuild, unlocking the possibilities of the generous block.
Boasting a wide 36.5-meter frontage, the site provides a versatile canvas for your architectural aspirations, whether you're envisioning a modern family home or a bespoke development (STCA).
Nestled in the heart of Ferntree Gully and positioned at the foothills of the breathtaking Dandenong Ranges, this location offers unmatched convenience and natural beauty. Enjoy easy access to quality schools, vibrant shopping precincts, efficient public transport, and serene parklands all just moments away.
With this premium parcel of land, you'll experience the perfect blend of lifestyle and location, making it a truly rare find. Don't miss this rare opportunity to secure a prime building site in a flourishing and highly sought-after community.
Features:
• 705 sqm Approx Landsize
• Knock-down and Re-Build Your Dream Home
• Prime Location Close to Many Amenities
• 36.5m Wide Frontage
• 3 Bedrooms
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Property Details for 6 Gerald St, Ferntree Gully

6 Gerald St, Ferntree Gully is a 3 bedroom, 1 bathroom House. The property has a land size of 705m2. The place is currently for sale with Ray White Ferntree Gully.

Building Type
House
Land Size
705m2

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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 13,640 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 44 properties listed for sale, and 17 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 491 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Aaron Clarke
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Ray White Ferntree Gully
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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.