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Sold on 25 Sep 2024 for $810,000

32 Mountain Gate Drive
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 727m2
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Property Details for 32 Mountain Gate Dr, Ferntree Gully

32 Mountain Gate Dr, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 727m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
727m2

Last Listing description (September 2024)

Set on a generous 727 sqm (approx.) block, this 3-bedroom, 1-bathroom home offers endless potential for renovators, developers (STCA), or investors. Situated within walking distance to Mountain Gate Shopping Centre and primary school, this home provides families with a unique and convenient location.

Stepping inside, the wide entryway welcomes you with a burst of warmth. The large living area offers ample space for relaxation and entertainment, complemented by ducted heating. A separate WC and laundry add convenience to the home's functional layout, while three generously sized bedrooms are located along the left side of the home with a central bathroom. The central bathroom features a spacious vanity, bathtub, and shower.

The open-plan kitchen and meals area includes a breakfast bar, electric cooktop, and oven, creating a practical space for family gatherings. Ornate features are seen throughout this home, including decorative cornices, pendant lighting, timber panelling, and a stained glass door leading into the living area, adding both charm and character to the interior.

Outside, the expansive backyard is perfect for families and pets to enjoy, with plenty of room to play or relax. A large pergola extends the living space outdoors, making it ideal for entertaining, while the spacious driveway offers additional parking, complementing the 2-car garage. With some renovation, this home could become your dream oasis, or alternatively, take advantage of its prime location to develop your dream home.

Features:
• 727 Sqm (Approx)
• 3 Bedrooms
• 1 Bathroom
• Separate WC
• Laundry
• Large living area
• Open plan kitchen and meals
• Breakfast Bar
• Electric cooktop and oven
• Ornate Features
• Pendant lighting
• Ducted heating
• Pergola
• 2 Car garage
• Spacious well maintained backyard
• Perfect renovation or development (STCA)

Location:
Nestled in the heart of the highly sought-after suburb of Ferntree Gully, 32 Mountain Gate Drive offers a wealth of convenience and amenities. Residents can enjoy a leisurely walk to the Mountain Gate Shopping Centre, which features a diverse array of retail and dining options, or explore the nearby Westfield Knox for even more shopping choices. Families will appreciate the proximity to Mountain Gate Primary School, also within walking distance, while other local schools such as Karoo Primary, Wattleview Primary, Lysterfield Primary, and Kent Park Primary are easily accessible. For secondary education, Fairhills High School, Scoresby Secondary College, and St. Joseph's College are nearby. Additionally, Ferntree Gully Village and the train station are just a short drive away, providing convenient access to public transportation and further amenities.

Onsite Auction Wednesday 25th of September at 6:30pm

Property History for 32 Mountain Gate Dr, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$810,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $810,000
  • 05 Sep 2024
    Listed for Sale Auction ($710,000 - $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 13,639 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.
There are currently 43 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.

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.