SOLD
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Sold on 15 Oct 2024 for $805,000

47 Mountain Gate Drive
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 741m2
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Property Details for 47 Mountain Gate Dr, Ferntree Gully

47 Mountain Gate Dr, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 741m2 and floor size of 114m2. 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
Floor Size
114m2
Land Size
741m2
Local Government
Knox
Lot/Plan
967/LP53730

Last Listing description (October 2024)

Seize the opportunity to secure this original 3-bedroom brick veneer home on a generous 741sqm block in the heart of Ferntree Gully. Whether you're looking to renovate, extend, or completely rebuild your dream home, this property offers endless potential. For developers, the block's size lends itself perfectly to being transformed into multiple units (STCA), making it a smart investment opportunity.

What truly sets this property apart is its unbeatable location. Backing directly onto the serene HV Jones Park, this home enjoys stunning views of nature and wildlife, providing a tranquil backdrop to your everyday life. The park is perfect for morning strolls, picnics, or simply enjoying the peace and quiet. For those who love the outdoors, the nearby Eastlink Trail offers nature walks and cycling opportunities.

The location is ideal for families, with Mountain Gate Primary School just minutes away, as well as Mountain Gate Shopping Centre for all your shopping and dining needs. Easy access to public transport, including Ferntree Gully Train Station, ensures a smooth commute to the city. Major arterials like Burwood Highway and Eastlink are close by, offering quick connections to surrounding suburbs.

Don't miss out on this fantastic opportunity to create something special in a location that's hard to beat. Contact us today to arrange an inspection!

Photo I.D. required at all inspections.

DISCLAIMER: The measurements provided of the land and/or property may not be 100% accurate. To satisfy yourself of the exact dimensions of the property/land or of each room, we advise you to conduct your own measurements and/or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Property History for 47 Mountain Gate Dr, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$805,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $805,000
  • 19 Sep 2024
    Listed for Sale $805,000
  • 04 Oct 2000
    Sold for $133,000
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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 13,501 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 25 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 480 properties were sold in the past 12 months in Ferntree gully.

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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.