OFF MARKET

2/50 Loretto Avenue
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 185m2
Land area: 291m2
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Property Details for 2/50 Loretto Ave, Ferntree Gully

2/50 Loretto Ave, Ferntree Gully is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 291m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
2017
Floor Size
185m2
Land Size
291m2
Local Government
Knox
Lot/Plan
2/PS809644

Last Listing description (January 2018)

Auction Postponed
Creative design concepts define this sophisticated new residence, occupying a premier position in the heart of Ferntree Gully. Providing the ultimate in family living and entertaining, the innovative floorplan makes a statement with beautiful hardwood floors that flow throughout the generously proportioned living room, dining domain and stunning kitchen finished with a marble breakfast bar, high-end appliances and excellent storage options. Floor to ceiling stacker doors open to a private landscaped courtyard and entertainment deck; offering a relaxed place for leisure activities, outdoor dining and weekend BBQs. Designer touches continue to impress in the downstairs master haven with a fitted walk-in robe and luxuriously appointed ensuite with a double shower with dual shower heads and custom hand basins. Moving on upstairs, discover a spacious teen retreat and the second master bedroom appointed with a walk-in robe and modern ensuite, with two additional robed bedrooms featuring built-in study desks; both sharing the equally stylish main bathroom. Finishing touches include ducted heating and refrigerated cooling, split system, water tank and a double auto garage. Well positioned within walking distance to Norvel Road Reserve and children s playground, it s handy to Fairhills Primary and High School, both Knox and Mountain Gate Shopping Centres and there s easy access onto Eastlink.

Property History for 2/50 Loretto Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$900,000
28 Dec 2017
  • 28 Dec 2017
    Sold for $900,000
  • 29 Nov 2017
    Listed for Sale Contact Agent
  • 16 Feb 2017
    Listed for Sale UNI1: ABOVE $650,000
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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 13,621 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.