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Sold on 31 May 2024 - Price Unavailable

150 Forest Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 886m2
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Property Details for 150 Forest Rd, Ferntree Gully

150 Forest Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 886m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
886m2
Local Government
Knox
Lot/Plan
27/LP89787

Last Listing description (May 2024)

THE PROPERTY
Nestled amidst lush greenery on an expansive 886 sqm (approx.) plot, this charming three-bedroom residence offers comfort and charm with its timeless double-brick construction. Sunlight filters through every room creating a tranquil ambiance for family life while presenting exciting possibilities for the future.

The spacious lounge and dining area, complete with a grand open fireplace, serve as the heart of the home, ideal for both unwinding after a long day and hosting loved ones. Adjacent to this space, a generously sized kitchen with gas appliances.

The home comprises three bedrooms, two of which boast built-in robes, along with a central bathroom. Additional amenities include an internal-access garage, a separate workshop, and a garden shed. While providing immediate comfort, including a split system air-conditioner in the lounge, the property also presents opportunities for future development, whether it be designing a new home or exploring the potential for a townhouse project (STCA) thanks to its dual street frontage.

THE LOCATION
Conveniently located near the Koolunga Native Reserve and the foothills of the Dandenong Ranges, this residence offers a leisurely lifestyle. Bus stops at the doorstep provide easy access to amenities, while Ferntree Gully and Boronia's shopping hubs, dining establishments, train stations, schools, sports facilities, and playgrounds are just minutes away, ensuring all your needs are within reach.

Property History for 150 Forest Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
31 May 2024
Listed for Rent
$500/w
06 Jun 2023
  • 31 May 2024
    Sold for $779,000
  • 18 Apr 2024
    Listed for Sale $779,000
  • 26 May 2023
    Listed for Rent $500 / 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 13,624 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 32 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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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.