25 Olivebank RoadFerntree Gully VIC 3156
Property Details for 25 Olivebank Rd, Ferntree Gully
25 Olivebank Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 3053m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.
Last Listing description (December 2024)
A coveted foothills location, a lavish acre mostly flat parcel and breathtaking city views against a stunning backdrop of the Dandenong Ranges! It's a magical mix that will have savvy buyers or land bankers salivating. On offer for only the second time in over 100 years - you won't find an opportunity like this again in a hurry. Delivering endless possibilities for renovation or a spectacular canvas for your dream home (STCA), this remarkable property is a rare gem, brimming with potential and lifestyle appeal. Whether you're looking to renovate, extend, rent out or create a multi-generational sanctuary, this is a chance to secure a slice of Ferntree Gully history.
Highlights:
Expansive 3053sqm (approx.) flat allotment in coveted location.
Picturesque backdrop of Dandenong Ranges National Park.
Existing character weatherboard home with open floor plan.
3 spacious bedrooms, original hardwood floors, gas heating, split system A/C.
Separate garage/shed and rear patio.
Three separate fenced parcels.
Renovate, extend, or build your dream home (STCA) with million dollar views.
Option to add a granny flat or second dwelling for dual-family living (STCA).
Ferntree Gully North Primary at the bottom of the street, national park at the top.
Rare opportunity, only the second time offered to market in 100+ years!
Location Highlights:
550m to Ferntree Gully North Primary School
1.8km to Ferntree Gully Station
3km to Boronia Central Shopping
2.6km to Boronia K-12 College
2.2km to Ferntree Gully Quarry Reserve
2.4km to Ferntree Gully Woolworths
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 25 Olivebank Rd, Ferntree Gully, VIC 3156
- 26 Nov 2024Sold for $972,500
- 15 Oct 2024Listed for Sale Under offer
- 03 Feb 2021Listed for Rent $395 / week
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0About 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 13,639 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.
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