OFF MARKET

1/53 Forest Road
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
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Last updated 11 Nov 2024
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Property Details for 1/53 Forest Rd, Ferntree Gully

1/53 Forest Rd, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 83m2.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Local Government
Knox

Last Listing description (February 2020)

This recently renovated unit is located in a neat and tidy complex.

This property includes:

-Generous lounge room
-Kitchen with gas cooktop, electric oven and plenty of cupboard space
-Main bathroom shower and toilet
-Ensuite with shower and toilet
-2 bedrooms with built in robes
-Timber flooring in entrance, living area and bedrooms
-Gas wall heater
-Ceiling fan
-Separate laundry
-Neat and tidy yards
-Double car space
-There will be an additional $50 per week charge for electricity and water usage

This wonderful property is close to Ferntree Gully North Primary School, Fairhills High School, St Josephs College, an abundance of parks, Knox City Shopping Centre, Ferntree Gully shops and The Dandenong Ranges. This property must be inspected as it will certainly impress.

Property History for 1/53 Forest Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Listed for Rent
$340/w
23 Apr 2018
  • 13 Jan 2020
    Listed for Rent $320 / 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 58 properties listed for sale, and 27 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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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.