SOLD
Sold on 27 Jun 2024 for $810,000

1880 Ferntree Gully Road
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 32293m2
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Property Details for 1880 Ferntree Gully Rd, Ferntree Gully

Building Type
Commercial
Land Size
32293m2
Local Government
Knox
Lot/Plan
2/LP53936

Last Listing description (June 2023)

Appleby Commercial is pleased to offer Suite 1/53-54 Mountain Gate Shopping Centre for lease.

The property is a first floor, front office building facing Ferntree Gully Road. The property benefits with a convenient location close to EastLink, public transport and retail amenities.


Floor area: 58.5 sqm (approx)
Open space with good natural light
Shared toilets and kitchen facilities
Heating and air conditioning
Excellent exposure
Easy parking for 100's of cars out front


Please contact John Katselas on 0411 110 997 or email john@appleby.com.au for more information or to organise an inspection.

Property History for 1880 Ferntree Gully Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$810,000
27 Jun 2024
Listed for Rent
$259/w
19 Jun 2023
  • 27 Jun 2024
    Sold for $810,000
  • 31 May 2024
    Transferred
  • 04 May 2024
    Transferred
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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 13,623 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 57 properties listed for sale, and 26 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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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.