SOLD
Sold on 27 Sep 2024 for $800,000

57 Mcmahons Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 172m2
Land area: 809m2
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Property Details for 57 Mcmahons Rd, Ferntree Gully

57 Mcmahons Rd, Ferntree Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 809m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
172m2
Land Size
809m2
Local Government
Knox
Lot/Plan
1/TP98549

Last Listing description (September 2024)

This beautiful family residence set on a generous 800m2 allotment offers abundant accommodation, perfect for large and growing families and the potential for future development S.T.C.A.
Timber floors grace the multi-zoned layout, including a tidy kitchen overlooking the family/meals area plus a huge window-framed living room, that unfolds seamlessly to a wrap-around entertaining deck and spacious rear garden.
Three bedrooms and family bathroom are conveniently placed on the ground floor, while the upper-level hosts 2 additional bedrooms, 2x balconies plus open retreat and study that can be converted to additional bathroom.

Enjoy the comfort of heating/ air conditioning ample outdoor entertaining areas and double garage, this inviting retreat offers scope to add contemporary elements in the future if desired.
Positioned in a family-focused locale, moments to Fairhills Primary and High Schools, Wattleview Primary School and Kindergarten, Norvel and Fairpark Reserves, Blind Creek Trail, Mountain Gate shops and Knox City, public transport and EastLink.

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Property History for 57 Mcmahons Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$800,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $800,000
  • 29 Aug 2024
    Listed for Sale Not Disclosed
  • 04 Nov 2015
    Transferred
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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 13,625 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 57 properties listed for sale, and 32 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Ferntree gully.

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