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Sold on 25 Nov 2024 for $585,000

1/127 Underwood Road
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 125m2
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Property Details for 1/127 Underwood Rd, Ferntree Gully

1/127 Underwood Rd, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 125m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
79m2
Land Size
125m2
Local Government
Knox
Lot/Plan
1/SP26302

Last Listing description (December 2024)

Sick of trying to stay on top of the property market... maybe it's time to go under it!
1/127 Underwood Road, Ferntree Gully has just hit the market with a bang, offering excellent value, location, and presentation.

Within walking distance to Ferntree Gully station, IGA and plenty of cafes and eateries, this updated low maintenance unit has plenty on offer with;

- Two bedrooms, master has triple door built in robe
- Bathroom has large shower, vanity, shelving, and separate toilet
- Large open feel lounge with window overlooking the front garden, equipped with gas heating and air conditioning
- Updated kitchen with gas cooktop, oven, dishwasher, and corner pantry all overlooking the dining room perfect for entertaining
- Full laundry with vintage tile, built in linen press and direct outside access
- Outside has a fernery, existing garden bed, foldable washing line and side gate access to the front lawn
- Single lock up garage
- Move in ready with new carpets, flooring, paint, lighting, curtains and more!

Located in a lovely quiet complex with only four units in total, this makes an excellent purchase for first home buyers, investors, or downsizers.
Inspection is a must! Contact Josh or Holee today!

Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.

Property History for 1/127 Underwood Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$585,000
25 Nov 2024
  • 25 Nov 2024
    Sold for $585,000
  • 24 Sep 2024
    Listed for Sale $550,000 - $595,000
  • 12 Jul 2010
    Sold for $320,000
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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 13,639 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 16 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.

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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.