SOLD
RECENT ADVICE
Sold on 20 Dec 2023 for $555,000

1/3 Bowen Street
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 152m2
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Property Details for 1/3 Bowen St, Ferntree Gully

1/3 Bowen St, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 152m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Land Size
152m2
Local Government
Knox
Lot/Plan
1/RP7576

Last Listing description (December 2023)

Affordable living in the heart of Ferntree gully, this home offers convenience and low-maintenance living, comprising:

- Two bedrooms with built-in robes
- Open plan kitchen and meals area with the kitchen boasting gas stove cooking and plenty of cupboard and bench top space

- Loungeroom with gas wall heating and air conditioner

Other wonderful features include a modern bathroom with a tub, separate toilet, spacious laundry, entertaining decking, and a single garage with extra storage space.

Located close to Ferntree Gully shops, reserves, restaurants, and public transport.

Features:
Living Area
Air Conditioning
Built-ins
Carpeted
Close to Schools
Close to Shops
Close to Transport
Heating

Property History for 1/3 Bowen St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$555,000
20 Dec 2023
Listed for Rent
$380/w
20 Mar 2023
  • 20 Dec 2023
    Sold for $555,000
  • 15 Nov 2023
    Listed for Sale $555,000
  • 14 Mar 2023
    Listed for Rent $380 / week
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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 13,517 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.44% increase in median value, while Units have seen a 23.61% increase. As at 31 August 2024:

  • The median value for Houses in Ferntree Gully is $866,574 while the median value for Units is $665,439.
  • Houses have a median rent of $583 while Units have a median rent of $530.
There are currently 58 properties listed for sale, and 19 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Neo Chen
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Perry Loong
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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.