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Sold on 21 Sep 2024 for $760,000

3/38 Mcmahons Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 246m2
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Property Details for 3/38 Mcmahons Rd, Ferntree Gully

3/38 Mcmahons Rd, Ferntree Gully is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 246m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Ferntree Gully in the last 12 months.

Building Type
Unit
Land Size
246m2

Last Listing description (September 2024)

THE PROPERTY
Offering modern low-maintenance living with wonderful convenience, this three-bedroom brick unit is a brilliant downsizer, astute investment or exciting first home. Beautifully presented and surprisingly spacious, the home features a generous open plan living zone upon entry, with sliding door access to the tranquil covered alfresco. Cooking is a pleasure in the expansive well-appointed kitchen flaunting 600mm Westinghouse oven, Solt dishwasher and wraparound benches, with the adjoined laundry offering outdoor access and added convenience. The bedrooms are located off the central hallway, the main with walk-in robe and ensuite, while two additional bedrooms include built-in robes and easy access to the family bathroom with bath, shower, vanity and separate toilet. Rounding out the inclusions, ducted heating and cooling for comfort, an abundance of natural light, ample storage and single garage.

THE FEATURES

• Light-filled three-bedroom, two-bathroom unit
• Main bedroom boasts walk-in robe & ensuite
• Two further bedrooms feature built-in robes
• Main bathroom with bath, vanity, shower & separate toilet
• Huge paved alfresco, ideal for entertaining
• Ducted heating & cooling for optimum comfort
• Single garage with storage, plus solar panels

THE LOCATION
Conveniently positioned close to all you need, mere minutes to premium shopping and dining at Westfield Knox, close to trains and services in Boronia, and local schools within walking distance including Wattleview Primary and Fairhills High School.

On Site Auction Saturday 21st of September at 11am

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Property History for 3/38 Mcmahons Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$760,000
21 Sep 2024
  • 21 Sep 2024
    Sold for $760,000
  • 28 Aug 2024
    Listed for Sale Auction ($630,000 - $690,000)
  • 04 Sep 2016
    Sold for $535,000
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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 41 properties listed for sale, and 16 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.

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