SOLD
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Sold on 21 Feb 2024 for $801,000

2/50 Renwick Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 230m2
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Property Details for 2/50 Renwick Rd, Ferntree Gully

2/50 Renwick Rd, Ferntree Gully is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 230m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Land Size
230m2

Last Listing description (February 2024)

Excellent in every sense, like new single level flat 3 bedroom unit would be perfect for wheelchair access or downsizing. Only 2 on the block, so no active body corp. and set to the rear giving good privacy and security. You are greeted with a covered front porch, entering into your open plan living with high ceilings giving a spacious feel, while the kitchen has ample bench space, loads of cupboards, and a sliding window to the private courtyard for entertaining. The master bedroom is set to the front with a full ensuite, with 2 more bedrooms and second bathroom are off their own passage to the rear. The comfort of gas ducted heating, airconditioner in the living, and a double garage with remote garage door and a handy rear roller door access to yard for trailer, boat or low van. Convenient central location between Kent Park Primary School and Mountain Gate Shopping cafe restaurant precinct makes this the top of your list for investing or downsizing.

Property History for 2/50 Renwick Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$801,000
21 Feb 2024
Listed for Rent
$405/w
05 Nov 2020
  • 21 Feb 2024
    Sold for $801,000
  • 08 Feb 2024
    Listed for Sale $720,000 - $792,000
  • 14 Oct 2020
    Listed for Rent $405 / week
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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 13,623 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 57 properties listed for sale, and 26 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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Darren Hill
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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.