OFF MARKET

4/973 Burwood Highway
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 112m2
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Property Details for 4/973 Burwood Hwy, Ferntree Gully

4/973 Burwood Hwy, Ferntree Gully is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 112m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1960
Floor Size
81m2
Land Size
112m2
Local Government
Knox
Lot/Plan
4/PS406108

Last Listing description (March 2018)

Whether it's a first home, an investment or a renovation you're seeking, this rear unit on a block of just 4 can cater to all buying groups. Just up the road from Mountain Gate and Hill View shopping centres, the home is also within easy reach of buses, Ferntree Gully Village and train station. In largely original condition and very well maintained it could easily be updated to your taste and style or continue with its existing tenancy as a great investment. At the back of the block away from the noise, the home features a covered front porch entry and inside you find a generous lounge/dining room adjoining the modern kitchen with stainless appliances. There are 2 large bedrooms with built in wardrobes as well as a family bathroom with included laundry facilities and a separate toilet. Outside there's also a compact courtyard plus a single carport on title.
To view this Statement of Information and Property Information Sheet go to the following link:
https:/?/?drive.google.com/?drive/?folders/?1vTeW1fO-KEbWRb f9Fxki1ClV4MUv27L7?usp=sharing

Property History for 4/973 Burwood Hwy, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$407,000
11 Feb 2018
Listed for Rent
$300/w
20 Mar 2014
  • 11 Feb 2018
    Sold for $407,000
  • 31 Jan 2018
    Listed for Sale $390,000 - $410,000
  • 28 Jun 2017
    Listed for Sale $399,950 - $438,450
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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 54 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.