OFF MARKET

397 Scoresby Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 161m2
Land area: 728m2
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Property Details for 397 Scoresby Rd, Ferntree Gully

397 Scoresby Rd, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 728m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1980
Floor Size
161m2
Land Size
728m2
Local Government
Knox
Lot/Plan
3/LP56996

Last Listing description (August 2022)

Auction Location: Onsite.

A humble exterior hides the fact that there's 3 spacious living areas inside this revitalized 3-bedroom brick veneer. Freshly spruced up with new paintwork, carpets and plantation window shutters, the surprisingly spacious home sits on a flat rectangular 735sqms (approx.) which offers room for redevelopment (STCA) in this gateway location close to Westfield Knox and its current expansion.

Step inside and you'll appreciate the work done to update the home's interior, with crisp white walls, mirrored floor to ceiling robes and s/s appliances including a Westinghouse gas cooktop, and Bosch dishwasher delivering a fresh, modern look and feel.

Beyond the front lounge, an extension provides light-filled north-facing living in the family room and rumpus, with a pergola adding some al fresco living to the mix.

Gas central heating, a space heater, evaporative cooling and a Fujitsu split system offers complete comfort.

Framed by Colorbond fencing, the property offers generous off-street parking along an extensive front driveway, with further parking and storage space across an enclosed carport and garage/workshop.

With no big trees on site, there's huge potential to build new townhouses catering to demand from first home buyers and downsizers close to shops, transport, schools and parks in this hot spot location, a short walk to Chemist Warehouse, Fairhills High, and bus routes including the 732 bus to Box Hill.

Property History for 397 Scoresby Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$890,000
01 Feb 2022
  • 01 Feb 2022
    Sold for $890,000
  • 13 Jan 2022
    Listed for Sale Contact Agent
  • 23 Feb 2010
    Transferred
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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 13,624 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 58 properties listed for sale, and 32 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 503 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.