687 Burwood HighwayFerntree Gully VIC 3156
Property Details for 687 Burwood Hwy, Ferntree Gully
687 Burwood Hwy, Ferntree Gully is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 729m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (April 2021)
With all the hard work done this property presents an outstanding opportunity for the astute investor. Located in a prime and sought-after location this property sits on 729m2 (approx.) of land with stamped plans and permits for two spacious and luxurious townhouses.
Comprised of 3-bedrooms, an open kitchen overlooking a large dining lounge area with wall heater, spacious bedrooms, an outside undercover area, large backyard & double garage giving plenty of storage. Currently tenanted this home currently provides a secure revenue stream.
Conveniently located to Fairhills Primary & Secondary College, Kent Park Primary, Mountain Gate Shopping Centre, the popular Westfield Knox Shopping Centre, Fairpark Reserve, Lakewood Nature Reserve. Close to public transport, Boronia Railway Station, and major arterials, plus facilities & amenities.
Inspection is a must!
Property History for 687 Burwood Hwy, Ferntree Gully, VIC 3156
- 29 Jan 2021Sold for $748,000
- 16 Dec 2020Listed for Sale $680,000 to $745,000
- 03 Sep 2019Listed for Rent - Price not available
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0About 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.
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