SOLD
Sold on 10 Apr 2024 for $706,000

47 Elton Road
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 105m2
Land area: 738m2
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Property Details for 47 Elton Rd, Ferntree Gully

47 Elton Rd, Ferntree Gully is a 0 bedroom, 0 bathroom House. The property has a land size of 738m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Floor Size
105m2
Land Size
738m2
Local Government
Knox
Lot/Plan
716/LP53729

Last Listing description (September 2024)

Seize the opportunity to secure this prime 738m2 approx. allotment in the heart of Mountain Gate Ferntree Gully.
Nestled in a most convenient location, this property promises an exceptional opportunity for both homeowners and developers.
The existing two bedroom home is being offered as is and is at an exceptional land only price range. No guarantees are given about the potential to renovate the existing dwelling however if you are looking for a block of land in a great location to perhaps demolish the existing home and build your brand new dream home or to further develop into a dual occupancy multi unit site (STCA) then look no further.

Just a leisurely 15-20 minute walk away lies the vibrant Mountain Gate Shopping Centre, boasting an array of shops, cafes, and restaurants. Families will also appreciate the convenience of being only a short walk to Mountain Gate Primary School and the H.V. Jones Reserve or the easy commute to Ferntree Gully train station, Eastlink or Westfield Knox City.
With the timeless charm and allure of Ferntree Gully, the quick to secure this land and make your dreams a reality.

Proudly marketed by Barry Plant Rowville - 9753 2828

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Property History for 47 Elton Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$706,000
10 Apr 2024
  • 10 Apr 2024
    Sold for $706,000
  • 12 Mar 2024
    Listed for Sale Not Disclosed

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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.

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