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Sold on 07 Feb 2024 for $1,327,000

22 Napoleon Road
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2050m2
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Property Details for 22 Napoleon Rd, Ferntree Gully

Building Type
Land
Land Size
2050m2

Last Listing description (February 2024)

Sale by SET DATE 27/02/2024 at 6pm (unless sold prior)

Situated on 2050m2 of prime land with main road frontage and an existing community hall towards the rear of the block, this property is zoned Neighbourhood Residential Zone- Schedule 1 and has potential in so many ways.

Option 1 is to build your own dream home on 2050m2, or look into a medical, dental or childcare opportunity (STCA), perhaps you can use the existing community hall and convert.

Option 2 is to further develop the land into 2 x residential house allotments (STCA) with family members and live side by side.
Option 3 is potential for builders and developers to build 3-4 bigger sized townhouses (STCA).

Situated approx. 3 kms from Ferntree Gully station, close by to Glenfern Road shops and approx. 38 km from Melbourne CBD. As this is one of the last parcels of land left in the area, don't miss this outstanding owner occupier, development or business opportunity.

Proudly marketed by Barry Plant Rowville - 9753 2828

Property History for 22 Napoleon Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,327,000
07 Feb 2024
  • 02 Feb 2024
    Sold for $1,459,700
  • 22 Jan 2024
    Listed for Sale $1,327,000
  • 30 Jul 1975
    Sold for $12,000

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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 13,640 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 18.71% increase in median value, while Units have seen a 13.29% increase. As at 30 November 2024:

  • The median value for Houses in Ferntree Gully is $874,415 while the median value for Units is $653,840.
  • Houses have a median rent of $600 while Units have a median rent of $555.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Contact agent
Chad Warden
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Braden Mann
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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.