OFF MARKET

2/31 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 465m2
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Property Details for 2/31 Commercial Rd, Ferntree Gully

2/31 Commercial Rd, Ferntree Gully is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 465m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in March 2007.

Building Type
Unit
Year Built
2010
Floor Size
134m2
Land Size
465m2
Local Government
Knox
Lot/Plan
2/PS335873

Last Listing description (March 2007)

EASY TO LIVE IN, EASY TO LET OUT
Spacious modern villa unit (only unit on site) within walking distance to Mountain Gate shopping centre, schools and transport. With three bedrooms and an ensuite to main, two generous free flowing living areas and a top of the range kitchen. Comfortable living is assured with gas ducted heating, ducted air conditioning, security system and ample car accommodation on offer with a double remote garage.
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Property History for 2/31 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$287,000
17 Mar 2007
  • 17 Mar 2007
    Sold for $287,000
  • 18 Feb 2007
    Listed for Sale $270,000+
  • 21 Nov 2006
    Listed for Sale Not Disclosed
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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 13,621 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 56 properties listed for sale, and 24 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 495 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.