1/1 Pinnacle AvenueFerntree Gully VIC 3156
Property Details for 1/1 Pinnacle Ave, Ferntree Gully
1/1 Pinnacle Ave, Ferntree Gully is a 0 bedroom, 0 bathroom Unit and was built in 1960. The property has a land size of 436m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 0 bedroom Unit sold in Ferntree Gully in the last 12 months.
Last Listing description (June 2024)
Seize the opportunity of a lifetime and secure your future with this vacant parcel of land that encourages you to draw up plans for your dream home and take advantage of its 436sqm approx. allotment (STCA).
For those with grander ambitions, the neighbouring site measuring 512sqm approx. is also up for grabs and could be combined together with the space allocated for a common driveway to deliver a site over 1000sqm where you can explore options for a larger scale redevelopment (STCA).
Perfecting this prized offering is its incredible location that sees you situated only steps from Wattle View Primary and withing a short stroll of Mountain Gate Shopping Centre, Dobson Park, Tim Neville Arboretum and buses.
Furthermore, the sites are set only a few minutes from the newly redeveloped Westfield Knox Shopping Centre, Ozone entertainment precinct, Boronia Junction, Fairhills High School, St Andrews College and both Boronia & Ferntree Gully train stations.
Photo ID may be required for entry of Open for Inspections.
Property History for 1/1 Pinnacle Ave, Ferntree Gully, VIC 3156
- 16 Feb 2024Sold for $450,000
- 19 Jan 2024Listed for Sale Contact Agent
- 02 Nov 2021Sold for $593,000
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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 13,622 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.
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