OFF MARKET

40 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 167m2
Land area: 1013m2
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Property Details for 40 Commercial Rd, Ferntree Gully

40 Commercial Rd, Ferntree Gully is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1013m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1980
Floor Size
167m2
Land Size
1013m2
Local Government
Knox
Lot/Plan
2/LP10557

Last Listing description (December 2021)

PRIVATE INSPECTIONS ARE NOW AVAILABLE
Please use the "Book an Inspection" button to register for an open for inspection. If no times are available, please contact the listing agent.

Desirably positioned in a highly sought-after pocket of Ferntree Gully, mere minutes from premium schools, shops and parks. This fantastic family home offers an immense amount of space and charm, certain to cater to every member of the growing family. Exceptionally built on 1,013sqm (approx.), this delightful residence offers the potential to renovate the existing floor plan or demolish and build a multi-unit development (STCA). Socialise across the welcoming family area which seamlessly filters into the central kitchen/meals. The gourmet kitchen provides the at-home chef with quality SS appliances and ample storage solutions. Three light-filled bedrooms are accompanied by two luxe bathrooms. The adjoining alfresco is a fabulous addition offering a combined indoor & outdoor experience resting on the edge of a sweeping rear yard. Loads of undercover parking with both single and double carport.

THE FEATURES
Versatile 3-bed, 2-bath family home
Master bedroom boasts WIR & en-suite
Ducted heating and air conditioning
Open plan main living
Gorgeous lounge with feature fireplace
Flexible study/dining area for those working from home
Central kitchen with SS appliances and ample storage
Outdoor covered entertaining
Huge 1,013sqm (approx.) allotment
Renovate or build a multi-unit development (STCA)
Three undercover car spaces with a double and single carport
Garden sheds in rear yard

THE LOCATION
Revel in the lifestyle pleasures of such a sensational home all while being located a short distance from all the amenities you will ever require. Only moments from Wattleview Primary, Mountain Gate Shops, Pickett Reserve, Mountain Gate Primary, FTG Station, FTG Village, Westfield Knox, and Eastlink.

On Site Auction Sunday 31st of October at 12:30pm

Property History for 40 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,133,000
31 Oct 2021
Listed for Rent
$380/w
03 Feb 2010
  • 31 Oct 2021
    Sold for $1,133,000
  • 08 Oct 2021
    Listed for Sale Auction ($880,000 - $965,000)
  • 28 Nov 2009
    Listed for Rent - Price not available
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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 13,640 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 41 properties listed for sale, and 17 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.