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Sold on 25 Sep 2024 for $730,000

1808 Ferntree Gully Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 734m2
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Property Details for 1808 Ferntree Gully Rd, Ferntree Gully

1808 Ferntree Gully Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 734m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
734m2

Last Listing description (September 2024)

Embark on a remarkable journey towards homeownership, or embrace the challenge of a rewarding project with this delightful residence nestled in a sought-after locale off a service lane. Perfect for first-time buyers eager to step onto the property ladder, seasoned renovators ready to weave their magic, or astute developers, this property presents an unrivalled opportunity to capitalise on a spacious 734m² parcel of land.

The existing dwelling comprises three well-proportioned bedrooms, each complete with practical built-in robes. The generous lounge area flows seamlessly into a dining space, accompanied by a gas heater and split system air conditioner, ensuring a comfortable ambiance year-round. The original kitchen, with gas cooking, sits adjacent to the meals area and provides convenient access to the laundry facilities.

Although this home is in need of modernisation, it boasts a family bathroom with a bath and basin, complemented by a separate shower room and toilet, providing a solid foundation for your renovation plans. The laundry room grants direct access to the sheltered pergola, which opens out onto the vast backyard.

Externally, the property offers a tandem carport, complemented by additional off-street parking. Storage needs are well-catered for with two workshops, three sheds, and an extra covered storage area, ensuring ample space for all your tools and projects.

The home's location is a major drawcard, conveniently situated close to Mountain Gate Shopping Centre, a range of educational institutions including zoned for the Mountain Gate Primary School, and public transport options. With the potential for subdivision or development (STCA), this property presents an incredible canvas on which to make your mark.

Seize the chance to own a home with boundless potential and the promise of a bright future. Your dream of customising, extending or redeveloping can become a reality with this versatile offering.

Property History for 1808 Ferntree Gully Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$730,000
25 Sep 2024
Listed for Rent
$495/w
21 Nov 2024
  • 14 Oct 2024
    Listed for Rent $495 / week
  • 25 Sep 2024
    Sold for $730,000
  • 28 Aug 2024
    Listed for Sale $685,000 to $750,000

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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 13,640 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 41 properties listed for sale, and 16 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Rebekah Whittaker
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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.