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730 Burwood Highway
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 910m2
Land area: 1524m2
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Great Investment Secure Tenant

A secure investment with a well-established tenant. With over 1,524 sqm* of land in Melbourne’s coveted east.
Key Investment Opportunity
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Well-established tenant Clark Rubber
5 x 5 year lease.
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Rental income $158,692.68 p.a. + GST + Outgoings
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910 sqm building area.
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Property Details for 730 Burwood Hwy, Ferntree Gully

Building Type
Commercial
Floor Size
910m2
Land Size
1524m2

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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 13,620 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 21.71% increase in median value, while Units have seen a 15.64% increase. As at 31 October 2024:

  • The median value for Houses in Ferntree Gully is $870,259 while the median value for Units is $655,718.
  • Houses have a median rent of $595 while Units have a median rent of $550.
There are currently 57 properties listed for sale, and 26 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 499 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Trevor Pickens
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Quinta Real Estate Vermont South
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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.