SOLD
RECENT ADVICE
Sold on 25 Jan 2024 for $515,000

1/36 Margot Street
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/36 Margot St, Ferntree Gully

1/36 Margot St, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Local Government
Knox
Lot/Plan
1/RP4950

Last Listing description (January 2024)

This 2-bedroom property will appeal to first home buyers, empty nesters and investors. This beautiful home is perfectly situated at the base of the foot hills in a spacious and quiet tree lined street, making this setting fantastic for early morning walks.

Features include; open plan lounge room to modern kitchen and meals area, stainless steel appliances, timber floors to living areas, quality fixtures, fittings and tiles, gas cooking, split system heating and cooling, generous bedrooms with built in robes, separate bathroom, toilet & laundry, spacious rear court yard, single carport with a 2nd car spaces.
Ideally located only minutes’ walk to the Tim Neville Arboretum, Ferntree Gully shopping precinct, train station, bus stops, several schools with easy access to Burwood highway, the Dandenong Ranges, Knox Westfield and the East link freeway.

Property History for 1/36 Margot St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$515,000
25 Jan 2024
Listed for Rent
$360/w
18 Oct 2021
  • 10 Jan 2024
    Sold for $515,000
  • 01 Nov 2023
    Listed for Sale $520,000 to $550,000
  • 18 Oct 2021
    Listed for Rent $360 / 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 13,622 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.
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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Craig Kelly
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Hans Brenkman
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Kelly Real Estate Group
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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.