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Sold on 26 Oct 2024 for $800,000

40 Wattletree Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 776m2
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Property Details for 40 Wattletree Rd, Ferntree Gully

40 Wattletree Rd, Ferntree Gully is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 776m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
120m2
Land Size
776m2
Local Government
Knox
Lot/Plan
1/TP181639

Last Listing description (October 2024)

Family home plus plans and permits for second dwelling!

What's not to love about 40 Wattletree, with plans and permits for a second dwelling this property is jam packed full of opportunity in an excellent pocket of Ferntree Gully!

The existing, sturdy brick home is made up of;

- Large open plan lounge and dinning with stunning vaulted ceilings with feature timber beams
- Kitchen with free standing stove, built in pantry and overlooks the meals area
- Master bedroom with triple door built in robe and own ensuite
- Two further family bedrooms both with built in robes
- Main bathroom with shower, bath, vanity and toilet
- Separate laundry
- Huge flat, corner block of 776m2 with side access from Edina Road, currently offering a double garage and side gate access

Offering a wonderful opportunity to live in the front and build at the rear- keeping costs minimal, or rent the front home whilst building at the rear- great ongoing income OR develop the whole site from scratch and build the dream STCA*

The hard work has been done for you with plans and permits for a second dwelling.
The current plans offer a unit made up of;
- Two bedrooms, master suite with walk in robe and own ensuite, second bedroom with built in robe
- Main bathroom
- Open plan kitchen/meals/living
- Full sized laundry
- Single garage

Walk to Wattle View Primary School and the Arboretum, 4-minute's drive to Mountain Gate Shopping Centre and Ferntree Gully Station, 7-minute's drive to Westfield Knox and a short stroll to the bus stop (route 755).

This one won't last long- here today, gone tomorrow.
Call Josh or John today!

Proudly Marketed By Harcourts Boronia. Photo ID Required At Inspections.

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

A timeline of how this property has performed in the market
Last Sold
$800,000
26 Oct 2024
  • 26 Oct 2024
    Sold for $800,000
  • 09 Sep 2024
    Listed for Sale $780,000 - $830,000
  • 15 Aug 1975
    Sold for $2,000

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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 13,641 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 17.32% increase in median value, while Units have seen a 13.97% increase. As at 31 December 2024:

  • The median value for Houses in Ferntree Gully is $873,969 while the median value for Units is $652,598.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 42 properties listed for sale, and 16 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 505 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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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.