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Sold on 15 Oct 2024 - Price Unavailable

23 Cinerea Avenue
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 726m2
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Property Details for 23 Cinerea Ave, Ferntree Gully

23 Cinerea Ave, Ferntree Gully is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 726m2. 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
726m2
Local Government
Knox
Lot/Plan
49/LP44842

Last Listing description (October 2024)

Here's your chance to secure a versatile property in one of Ferntree Gully's most coveted locations. Perfect for first home buyers, growing families, investors, or builders, this brick-veneer home offers immense potential and convenience.

Featuring 3 well-sized bedrooms, 1 bathroom, and a spacious lounge that seamlessly flows into the kitchen and meals area, this home is ready for immediate enjoyment. The quality polished timber flooring and fresh paint throughout enhance its appeal, while also providing a blank canvas for any personal touches you might wish to add.

Step outside to the north-facing, sun-drenched rear yard, ideal for entertaining family and friends or providing a safe play area for children. The property also boasts a unique free-standing 4-car garage at the rear, offering ample storage, workshop space, or potential for other uses.

Main features about the allotment:
- Over 20 metres of frontage
- Flat, rectangular block of approximately 726 square meters
- No easement
- North facing, soaking in natural light

Presents significant redevelopment potential such as:
- Knock down and rebuild
- Duplex development (2 dwellings side by side)
- Potentially adding a second dwelling at the rear of the existing
- (all subject to council approval)

Location is key, and this property delivers. It’s just minutes from the newly renovated Westfield Knox Shopping Centre and surrounded by esteemed educational institutions such as Kent Park Primary School, Fairhills Primary School, and Fairhills High School. Plus, with Eastlink only a short drive away, commuting to Melbourne CBD or the Mornington Peninsula is a breeze.

Don’t miss out on this rare opportunity in Melbourne’s popular Eastern suburbs—it won’t last long!

Property History for 23 Cinerea Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
15 Oct 2024
Listed for Rent
$240/w
08 Mar 2007
  • 15 Oct 2024
    Sold
  • 12 Aug 2024
    Listed for Sale Under Contract
  • 10 Jan 2007
    Listed for Rent - Price not available
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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 13,501 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 56 properties listed for sale, and 25 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 480 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.