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Sold on 27 Jul 2024 for $585,000

2/16 Margot Street
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 554m2
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Property Details for 2/16 Margot St, Ferntree Gully

2/16 Margot St, Ferntree Gully is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 554m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
554m2
Local Government
Knox
Lot/Plan
2/SP20499

Last Listing description (July 2024)

This gorgeous weatherboard home is located in the heart of Ferntree Gully. In mere minutes, you can find yourself shopping at Westfield Knox and Mountain Gate Shopping Centre, or walk to Ferntree Gully Train Station to board a train to the CBD or Belgrave. With its convenient location, it is perfect for first home buyers, investors, or families willing to renovate or rebuild. Also close to schools and other amenities, it is a prime location.

The home itself is at the end of a long driveway where a carport awaits your car. Rectangular in shape, this home offers a comfortable 3-bedroom, 1-bathroom layout with an open-plan living area. The kitchen features white benchtops, a stainless steel sink, a gas cooktop, and an electric oven. The hardwood floors extend throughout the open-plan living space, which includes split system heating and cooling, and ceiling fans for added comfort.

The rest of the home is located down the main central hallway, which includes three sizable bedrooms, each with built-in robes, a spacious bathroom, a separate WC, and a laundry.

Outside, a well-maintained backyard is both practical and functional. The storage shed provides additional room for belongings or garden tools, and the brick BBQ allows for fun family gatherings.

Alternatively, this home can be rebuilt with your dream home in mind and transformed into your own dream oasis. Situated on 554 square meters of land, your dreams are your only limits.

Features:
• 3 Bedrooms, two with built-in robes
• 1 Bathroom
• Laundry
• Separate WC
• Open plan kitchen, meals and family
• Tiled Benchtop
• Single sink
• Electric cooktop and oven
• Ceiling Fans
• Split system heating and cooling
• Hardwood flooring throughout
• Carpet in bedrooms
• Roller blinds
• Sun Blinds
• Storage Shed
• Single Carport

Location:
Nestled in the serene suburb of Ferntree Gully, 2/16 Margot Street offers the perfect blend of tranquility and convenience. Located just moments away from the bustling Westfield Knox and Mountain Gate Shopping Centre, this prime location ensures all your retail needs are met. The nearby Ferntree Gully Train Station provides easy access to the CBD and Belgrave, making commuting a breeze. Families will appreciate the proximity to reputable schools such as Ferntree Gully North Primary School, St. John the Baptist School, and Wattleview Primary School. Additionally, the beautiful Tim Neville Arboretum is just a short drive away, offering picturesque gardens and a peaceful environment for relaxation and recreation. This desirable address offers a lifestyle of comfort and accessibility in one of Melbourne's most sought-after locales.

Onsite Auction Saturday 27th of July at 4pm

Property History for 2/16 Margot St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$585,000
27 Jul 2024
Listed for Rent
$320/w
05 Sep 2016
  • 27 Jul 2024
    Sold for $585,000
  • 05 Jul 2024
    Listed for Sale Auction ($570,000 - $627,000)
  • 22 Aug 2016
    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 13,517 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.44% increase in median value, while Units have seen a 23.61% increase. As at 31 August 2024:

  • The median value for Houses in Ferntree Gully is $866,574 while the median value for Units is $665,439.
  • Houses have a median rent of $583 while Units have a median rent of $530.
There are currently 64 properties listed for sale, and 29 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 492 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Ben Thomas
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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.