OFF MARKET

4/1 Bowen Street
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 154m2
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Last updated 11 Nov 2024
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Property Details for 4/1 Bowen St, Ferntree Gully

4/1 Bowen St, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 154m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1990
Floor Size
98m2
Land Size
154m2
Local Government
Knox
Lot/Plan
4/PS320391

Last Listing description (November 2022)

Please contact the agent to book you appointment prior to attending the property.

Secure this impressive property knowing you have landed the ideal mix of position and potential. From the classic brick construction to the coveted location near Ferntree Gully Village and Ferntree Gully Station, astute buyers will recognise the great opportunity this two-bedroom home presents.

The interior is an array of original features coupled with a comfortable floorplan. The lounge with large windows and split system heating/cooling complements the meals area and kitchen with a freestanding oven. With access to a private blank canvas courtyard, this home is ripe for reimagining.

By incorporating spacious bedrooms (one which contains a built-in robe), a generous bathroom and laundry, garden shed and single carport, this home is ready for new owners to make their mark. This potential-packed investment deserves your attention, plan your inspection today.

Property History for 4/1 Bowen St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$500,000
28 Jul 2021
  • 27 Oct 2022
    Listed for Sale $470,000 - $510,000
  • 28 Jul 2021
    Sold for $500,000
  • 10 Aug 2005
    Listed for Sale $160,000+
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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 13,620 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 56 properties listed for sale, and 23 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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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.