SOLD
RECENT ADVICE
Sold on 12 Feb 2024 for $595,000

1/1 Lane Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 451m2
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Property Details for 1/1 Lane Rd, Ferntree Gully

1/1 Lane Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 451m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
451m2
Local Government
Knox
Lot/Plan
1/PS402826

Last Listing description (February 2024)

THE PROPERTY
Nestled amongst lush, low lying gardens discover a timeless family retreat poised only a short distance away from Ferntree Gully's coveted conveniences, providing a lifestyle certain to appease even the most discerning of buyers. Located only a leisurely stroll from shops, cafes, parkland and Train the home champions a sizable 451 sqm (approx.) corner allotment providing a versatile investment opportunity for a multitude of buyers. Inside soaring ceilings warmly welcome as an elongated entryway flows freely through to an open plan living, dining, kitchen and meals precinct. Complete with wall-to-wall countertops, Chef 4-burner cooktop and an abundance of storage space the central kitchen assures an effortless culinary experience for both casual and formal dining. Accommodation is aplenty with three well positioned bedrooms including a versatile formal lounge/bedroom and an optional home office/bedroom all of which are conveniently serviced by a sparkling, main bathroom. Property would suit first home buyer, downsizers with flat land, and you can update and make the home your own.

THE FEATURES

• Charming three-bedroom, one-bathroom home
• Sizable 451 sqm (approx.) corner allotment
• Three Bedrooms two of which optionally provide a formal lounge and dedicated office
• Central kitchen and meals area features stainless steel sink and 4-burner Chef cooktop & oven
• Large main bathroom includes shower, toilet and vanity
• Laundry facilities with separate toilet
• Lock up double car garage with additional off street parking
• Ducted heating, split system air conditioning and ceiling fans throughout

THE LOCATION
Only moments away from your front doorstep discover Ferntree gully shops & cafes, Ferntree Gully train Station, Blind Creek Trail, Hillview Village Shops, Ferntree Gully North Primary, St John the Baptist School and St Joseph's College.

Property History for 1/1 Lane Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$595,000
12 Feb 2024
  • 01 Feb 2024
    Sold for $595,000
  • 18 Jan 2024
    Listed for Sale $590,000 - $640,000
  • 09 May 1996
    Sold for $82,000

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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 13,623 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 59 properties listed for sale, and 30 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 501 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Matthew George
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Yuni Kim
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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.