OFF MARKET

6 Milton Street
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 1020m2
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Property Details for 6 Milton St, Ferntree Gully

6 Milton St, Ferntree Gully is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1020m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
104m2
Land Size
1020m2
Local Government
Knox
Lot/Plan
10/LP8331

Last Listing description (March 2024)

For the first time in over 40 years, this rare opportunity is being offered with many possibilities. The home offers a multitude of possibilities for homeowner, investor, on approx. 1020sqm of land.

The many possibilities include moving in and renovating, extending to add value over time, leasing out the property and collect an attractive rental income or start a new to build of a super luxury home on this vast piece of land.

This property has the majestic Dandenong Ranges as a backdrop and is within walking distance to all living conveniences, including train station, shops and restaurants including Mountain Gate Shopping Centre just 1.5km away.

Other amenities within proximity are:
? Ferntree Gully Railway Station 0.7km
? Bus station for the 693 Belgrave ? Oakleigh line 0.1km
? 755 Bayswater bus 0.2km
? Tele bus 7 Ferntree Gully 7 minutes walking distance and 3 minutes driving distance

Schools in the area include:
? Eastern Ranges School
? Ferntree Gully North Primary School
? Wattleview Primary School
? Mountain Gate Primary School
? Upper Ferntree Gully Primary School
? Kent Park Primary School
? St Joseph?s College
? Boronia K-12 College
? Upwey High School

Inspection se can assure you will not disappoint as the possibilities are endless.

Property History for 6 Milton St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$688,000
30 Oct 2023
  • 30 Oct 2023
    Sold for $688,000
  • 22 Sep 2023
    Listed for Sale $650,000 - $715,000
  • 20 May 1983
    Sold for $36,000
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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 13,640 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 42 properties listed for sale, and 16 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.

Suburb Insights for Ferntree Gully 3156

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Disclaimer
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.