OFF MARKET

2/47 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 180m2
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Property Details for 2/47 Commercial Rd, Ferntree Gully

2/47 Commercial Rd, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 180m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2010
Floor Size
90m2
Land Size
180m2
Local Government
Knox
Lot/Plan
2/PS624166

Last Listing description (March 2022)

THE PROPERTY
Resting amidst a perfectly private residency, this stylish single level unit provides an unparalleled opportunity for first home buyers, downsizers & investors alike seeking to secure a carefree home at a winning lifestyle address. Spanning one light-filled level, you're greeted by a free-flowing living, dining and sun-splashed kitchen. Retire to the comfortable two-bedroom accommodation which is adequately paired with a family sized main bathroom. Step outside & enjoy the low maintenance courtyard which is backdropped by a colourful garden landscape.

THE FEATURES
Bright & airy single level unit comprising two-bedrooms & one-bathroom
Charming kitchen includes tiled splashbacks, sweeping countertops & SS appliances
Master bedroom features walk-in robe storage and en-suite style access to main bath
Second bedroom is equipped with built-in robe storage
Main bathroom featuring shower, bath, and vanity
Remote single car garage with rear access
Outdoor garden shed
Laundry with linen press storage
Ducted heating & split system in main living

THE LOCATION
Beyond the homes private positioning you're surprisingly just a short distance from a long list of everyday amenities, including Mountain Gate Shopping Centre, Ferntree Gully Station, Pickett Reserve, Wattle View Primary, Mountain Gate Primary, and Westfield Knox.

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Property History for 2/47 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$642,500
25 Jan 2022
  • 25 Jan 2022
    Sold for $642,500
  • 11 Jan 2022
    Listed for Sale $550,000 - $605,000
  • 13 Sep 2011
    Sold for $340,000
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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 13,622 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 59 properties listed for sale, and 30 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Ferntree gully.

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