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Sold on 05 Oct 2024 for $913,000

2 Gibbs Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 877m2
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Property Details for 2 Gibbs Rd, Ferntree Gully

2 Gibbs Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 877m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
877m2
Local Government
Knox
Lot/Plan
25/LP56152

Last Listing description (October 2024)

Situated on approximately 877sqm of prime land located adjacent to Ferntree Gully's Golden Mile, for the very first time this 3-bedroom original home is the perfect choice for a first home buyer, those looking to build their dream home or Investor with the opportunity to subdivide into 2 townhouses (STCA).

Upon entry you are greeted by the spacious lounge to the left & dining area to your right, which includes the perfect space to relax by the oil fireplace which flows to the kitchen and meals area, bathed in plenty of natural light where you can look out over the expansive backyard while you cook up a storm with plenty of bench space and electric stovetop/oven.

Beyond the front lounge is the hallway to the 3 bedrooms which are positioned along the left side of the home. The bathroom is located at the rear of the home & is complete with a shower, bath & separate toilet. Bathroom & toilet access is conveniently accessible via the kitchen or hallway, joined by the laundry which leads to the charming covered and partially enclosed paved al fresco area & expansive backyard, a great spot to entertain friends and family all year round. Also included is an oversized 2 car brick garage with more than enough space for a workshop or man-cave.

Further extras include gas ducted heating, electric heater in lounge & oil heater in dining, ducted vacuum, security shutters for front windows, freshly painted walls & ceilings throughout, oversized 2 car brick garage, ample off street parking, option for subdivision STCA with approx. 877sqm available, all topped off by being zoned to both Wattletree & Fairhills Primary Schools, walking distance to the Arboretum, Fairhills High School, Mountain Gate & Knox City Shopping Centres minutes away, Ferntree Gully Train Station & freeways only 5 minutes away… make sure you clear your schedule for the Auction on the 5th of October because this one ticks every box.

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

A timeline of how this property has performed in the market
Last Sold
$913,000
05 Oct 2024
  • 05 Oct 2024
    Sold for $913,000
  • 11 Sep 2024
    Listed for Sale $720,000 - $780,000

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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 13,519 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 24.44% increase in median value, while Units have seen a 16.96% increase. As at 30 September 2024:

  • The median value for Houses in Ferntree Gully is $864,907 while the median value for Units is $654,003.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 20 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 499 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Brent Sweerts
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Byron Sweerts
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Harcourts Rowville
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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.