SOLD
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Sold on 24 Feb 2024 for $920,000

5 Colorado Court
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 731m2
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Property Details for 5 Colorado Ct, Ferntree Gully

5 Colorado Ct, Ferntree Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 731m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
731m2
Local Government
Knox
Lot/Plan
743/LP53086

Last Listing description (February 2024)

THE PROPERTY
Ideally located in a peaceful court, mere steps to Fairhills Primary and Fairpark Reserve, this delightful four-bedroom brick veneer home offers an exceptional opportunity for first home buyers, growing families, and investors alike. The versatile floor plan boasts an inviting living room upon entry highlighted by a feature fireplace and stylish floorboards. From here, it flows effortlessly through to the adjoining dining domain. Cooking is a pleasure in the well-appointed kitchen, with a servery bench connecting the space to the expansive and light-filled family zone, where sliding doors open up to reveal a tranquil sun-splashed deck, an ideal place for relaxed entertaining. Four generous bedrooms all include built-in robes, with the centrally located bathroom featuring bath, shower, vanity, and separate toilet. Further adding to the appeal, a standalone laundry, split system air conditioning, ducted heating, and double garage/workshop all on a sizable 731 sq m approx. block.

THE FEATURES

• Delightful four-bedroom, one-bathroom brick veneer home
• Dual living zones, offering space & flexibility for families
• Four bedrooms, all featuring built-in robe storage
• Chic main bathroom flaunts shower, bath & vanity
• Sun-splashed rear deck, perfect for relaxed entertaining
• Double garage and plenty of off-street parking
• Split system air conditioner & ducted heating for comfort

THE LOCATION
Perfectly positioned just steps from Fairhills Primary and Fairpark Reserve, with Fairhills High School just a short stroll away, ample shops and cafés nearby at Westfield Knox and Mountain Gate, trains within easy reach at Boronia, plus an abundance of local parkland and walking trails to enjoy in the area.

On Site Auction Saturday 24th of February at 9am

Property History for 5 Colorado Ct, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$920,000
24 Feb 2024
Listed for Rent
$500/w
24 Jun 2022
  • 24 Feb 2024
    Sold for $920,000
  • 01 Feb 2024
    Listed for Sale Auction ($790,000 - $850,000)
  • 21 Jun 2022
    Listed for Rent $500 / week
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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 13,517 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.44% increase in median value, while Units have seen a 23.61% increase. As at 31 August 2024:

  • The median value for Houses in Ferntree Gully is $866,574 while the median value for Units is $665,439.
  • Houses have a median rent of $583 while Units have a median rent of $530.
There are currently 58 properties listed for sale, and 19 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Ben Thomas
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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.