SOLD
Sold on 24 Oct 2023 for $803,000

37 Kevin Avenue
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 1074m2
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Property Details for 37 Kevin Ave, Ferntree Gully

Building Type
Commercial
Floor Size
1000m2
Land Size
1074m2
Local Government
Knox
Lot/Plan
66/LP11069

Last Listing description (June 2024)

Located in one of the outer east's most tightly held industrial locations and at the end of a no through road this Industrial 1 Zoned site has a multitude of possibilities.

Features include:

- Land approximately 1,083 sqm
- Existing warehouse approximately 100 sqm
- Zoned Industrial 1
- 32.5 m frontage
- Ready to be developed (Subject to council approval)
- Seconds from Burwood Highway

Property History for 37 Kevin Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$803,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $803,000
  • 03 Aug 2023
    Listed for Sale $730,000 to $750,000
  • 11 Mar 2010
    Sold for $385,000
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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 13,475 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 24.44% increase in median value, while Units have seen a 16.96% increase. As at 30 September 2024:

  • The median value for Houses in Ferntree Gully is $864,907 while the median value for Units is $654,003.
  • Houses have a median rent of $590 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, 494 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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LJ Hooker Boronia
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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.