SOLD
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Sold on 18 Jul 2024 for $660,500

2 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 336m2
Land area: 765m2
Sold By
Vicprop Ferntree Gully
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Property Details for 2 Commercial Rd, Ferntree Gully

2 Commercial Rd, Ferntree Gully is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 765m2 and floor size of 336m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
336m2
Land Size
765m2
Local Government
Knox
Lot/Plan
2/LP57469

Last Listing description (December 2012)

EVERYONE WILL ENJOY LIVING HERE!
THIS PERFECTLY PRESENTED PROPERTY HAS SOMETHING FOR EVERYONE FROM THE FULLY RENOVATED THREE BEDROOM WEATHERBOARD HOME WITH ITS HOSTESS KITCHEN AND BEAUTIFUL POLISHED TIMBER FLOORING TO THE OUTDOOR SEMI ENCLOSED ENTERTAINING AREA WITH WET BAR AND WOOD HEATER ALLOWING USE ALL YEAR ROUND. THE KIDS WILL LOVE THE ABOVE GROUND SWIMMING POOL WHICH IS SURROUNDED BY DECKING FOR RELAXING OR SUNBATHING AND FOR THE MAN OF THE HOUSE THERE?S ENOUGH PARKING AND GARAGING FOR THE FAMILY CARS AND AS MANY BOYS TOYS AS YOU MAY HAVE . THIS PROPERTY IDEALLY SUITS A TRADESMAN OR ANYONE REQUIRING LOTS OF PARKING SPACE.

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

A timeline of how this property has performed in the market
Last Sold
$660,500
18 Jul 2024
  • 18 Jul 2024
    Sold for $660,500
  • 13 Dec 2012
    Sold for $443,000
  • 13 Nov 2012
    Listed for Sale $420,000 PLUS
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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 13,518 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 30.31% increase in median value, while Units have seen a 28.38% increase. As at 31 July 2024:

  • The median value for Houses in Ferntree Gully is $855,455 while the median value for Units is $661,637.
  • Houses have a median rent of $575 while Units have a median rent of $520.
There are currently 56 properties listed for sale, and 28 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 489 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.