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Sold on 12 Oct 2024 for $1,021,000

2/20 Gibbs Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 492m2
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Vicprop Ferntree Gully
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Property Details for 2/20 Gibbs Rd, Ferntree Gully

2/20 Gibbs Rd, Ferntree Gully is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 492m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
130m2
Land Size
492m2
Local Government
Knox
Lot/Plan
2/PS519545

Last Listing description (October 2024)

A spacious sanctuary of modern style and timeless class, this single-level entertainer provides sensational lifestyle benefits, plentiful indoor-outdoor space and a prized lifestyle location.
Stunning natural light, top of the range window furnishings and carpet dominate the meticulously maintained layout. An immaculate interior features a bright well-equipped kitchen featuring high quality Electrolux appliances including induction cook top, Smeg dishwasher, plus a handy breakfast bench central to a family and dining area. A separate living room enhances zoned spaces, whilst a huge covered alfresco creates a weatherproof setting for year-round outdoor entertainment.
Discover the comfort of 3 robed bedrooms (main with ensuite/walk in robe), a study versatile as a 4th bedroom and immaculate bathroom, plus the added luxury of ducted heating, evaporative/split system air conditioning, larger than average double garage and the added of benefit of an 18 solar panel system.

Located for the utmost convenience, just moments to Mountain Gate Shopping Centre, an abundance of local cafes, Boronia Junction, Westfield Knox, Wattle View Primary, Fairhills High School, sports grounds and EastLink.

Property History for 2/20 Gibbs Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,021,000
12 Oct 2024
  • 12 Oct 2024
    Sold for $1,021,000
  • 13 Sep 2024
    Listed for Sale $775,000 - $850,000
  • 14 Feb 2015
    Sold for $540,000
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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 13,475 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 24.44% increase in median value, while Units have seen a 16.96% increase. As at 30 September 2024:

  • The median value for Houses in Ferntree Gully is $864,907 while the median value for Units is $654,003.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 25 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 494 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.