SOLD
RECENT ADVICE
Sold on 03 Feb 2024 for $898,000

2/43 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 360m2
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Property Details for 2/43 Commercial Rd, Ferntree Gully

2/43 Commercial Rd, Ferntree Gully is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 360m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Land Size
360m2
Local Government
Knox
Lot/Plan
2/PS510304

Last Listing description (February 2024)

THE PROPERTY
Discover a medley of low maintenance living with a lifestyle edge within this contemporary four-bedroom, two-bathroom rear residence only a short stroll away from Ferntree Gully's famed shops, cafes and restaurants. Enhanced by soaring ceilings and a smart split level design, the immediately inviting living zone is accompanied by a generously designed dining domain and contemporary kitchen. A suite of stainless steel appliances and breakfast bar seating complete the central kitchen creating a seamless culinary experience. Parents will relish the large master bedroom with en-suite bathroom, whilst three further robed bedrooms provide plenty of accommodation for the remainder of the family. Effortlessly entertain outside amongst your own private rear yard featuring a large timber deck, low maintenance gardens and flat grassed areas for children and pets to run and play.

THE FEATURES
• Contemporary four-bedroom, two-bathroom family home
• Private rear positioning
• Bright & airy kitchen complete with SS appliances and breakfast bar seating
• Master bedroom featuring wall-to-wall BIR storage and sleek en-suite bathroom
• Three further bedrooms also provide built-in robe storage
• Large family bathroom with shower, bath, vanity and a separate toilet
• Spacious laundry with linen press storage
• Remote double car garage with additional off street parking
• Gas ducted heating and split system air conditioning
• Ducted vacuuming
• Solar Panels - Bill included
• Sky lights

THE LOCATION
Adding further value to the property is an enviable location only a short walk away from Mountain Gate Shopping Centre, Pickett Reserve, Tim Neville Arboretum Wattle View Primary and just slightly further to Ferntree Gully Station and Fairhills High School. Easy access to Burwood Hwy, Ferntree Gully Road, M1 and Eastlink Hwy.

On Site Auction Saturday 3rd of February at 4:30pm

Property History for 2/43 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$898,000
03 Feb 2024
  • 03 Feb 2024
    Sold for $898,000
  • 10 Jan 2024
    Listed for Sale Auction ($740,000 - $810,000)
  • 22 Mar 2017
    Sold for $600,000
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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 13,517 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 58 properties listed for sale, and 19 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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Yuni Kim
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Matthew George
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Ray White Ferntree Gully
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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.