SOLD
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Sold on 08 Apr 2024 for $690,000

2/7 Drake Street
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 2/7 Drake St, Ferntree Gully

2/7 Drake St, Ferntree Gully is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Local Government
Knox
Lot/Plan
2/PS427594

Last Listing description (April 2024)

Quietly nestled in the middle of a picturesque block of three, this contemporary home enjoys an open plan configuration with interiors dressed in an abundance of natural light, the perfect low-maintenance package for the growing family, downsizer or savvy investors alike. The bright and airy living with two bay windows and dining precinct welcomes you upon entry and the sizable kitchen has ample storage to excite passionate home cooks. The sleek master bedroom enjoys a walk-in robe and fresh en-suite, whilst the remaining robed bedrooms are conveniently serviced by the family sized bathroom equipped with a shower, bath and vanity and separate toilet. A secluded and low-maintenance courtyard with plenty of room for entertaining with family and friends.

THE FEATURES
• Contemporary family home comprises three bedrooms and two bathrooms

• Bright and airy open plan living, dining and kitchen
• Kitchen pantry & ample storage
• Spacious master bedroom features a walk-in robe and a fresh en-suite with a shower, vanity
• Generous second and third bedrooms offer built-in robe storage
• Chic family sized bathroom is fit with a shower, bath and vanity
• Low-maintenance courtyard
• Remote double car garage with rear & internal access, and built-in laundry facilities
• Ducted heating throughout and with a split system air conditioning
• Remote controlled double garage

THE LOCATION
Offering an incredible combination of secluded, yet well-connected living, find yourself only a stone's throw away from a wealth of local amenities such as Tim Neville Arboretum, Glenfern Road Strip Shops, St Josephs College, St John the Baptist Parish Primary School, Mountain Gate Shopping Centre and Ferntree Gully Shopping precinct and train station.

Proudly marketed by Barry Plant Rowville - 9753 2828

Property History for 2/7 Drake St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$690,000
08 Apr 2024
Listed for Rent
$240/w
16 Apr 2006
  • 25 Mar 2024
    Sold for $690,000
  • 01 Feb 2024
    Listed for Sale $700,000 - $770,000
  • 08 Nov 2007
    Sold for $325,000
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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, 501 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Contact agent
Willie Roberts
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Stan Michael
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Barry Plant Rowville
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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.