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Sold on 22 Jun 2024 for $735,000

7 Faversham Square
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 855m2
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Property Details for 7 Faversham Sq, Ferntree Gully

7 Faversham Sq, Ferntree Gully is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 855m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
855m2

Last Listing description (June 2024)

Situated on a generous 855 sqm block, this property presents an enticing opportunity for investors, developers, or renovators seeking their next project. Tucked away in a tranquil pocket and within close proximity to various amenities, this Ferntree Gully location is truly unbeatable.

Upon entry, you'll be greeted by double doors on your right leading to a spacious living room seamlessly connected to the dining area. Flowing from the dining area is the open-plan kitchen and meals space, equipped with a gas cooktop, oven, and dishwasher, overlooking the outdoor pergola area. On the left side of the entrance, a home office with built-in shelving leads into a sizable rumpus room featuring a traditional wood fireplace, seamlessly extending into the laundry area and downstairs bathroom.

Ascending the stairs, you'll find three generously-sized bedrooms, each boasting built-in robes, along with a main bathroom servicing these rooms. The master bedroom offers direct access to the bathroom and a door leading to the balcony.

Step outside through the glass sliding door in the meals area to explore the outdoor entertainment space, perfect for hosting gatherings with loved ones. The pergola offers views of the expansive backyard. Additional features include two split system heating and cooling units, a wall AC unit in the master bedroom, evaporative cooling, a gas space heater in the living room, a chicken coop, and a double carport.

With its well-designed layout, this property is ripe for renovation or presents the opportunity to start afresh by demolishing and rebuilding your custom dream home. For those with a vision for development, the expansive land offers exciting possibilities, including potential division for the construction of townhouses or units, subject to council approval. Whether rejuvenating the existing structure or embarking on a new build project, this property serves as a blank canvas ready for your creative touch and investment.

Features:
3 Bedrooms all with built-in robes
2 Bathrooms
Separate Toilet
Study
Dining & Living
Open Plan Kitchen & Meals
Gas Cooktop and Oven
Dishwasher
Rumpus
Laundry
Pergola
Split System Heating & Cooling Units x2 (Living & Rumpus)
Wall AC Unit in Master
Evaporative Cooling
Gas Space Heater in Living Room
Traditional Food Fireplace in Rumpus
Carpet, Slate and Tiles
Blinds Throughout
Chicken Coop
Double Carport

Location:
Nestled in Ferntree Gully, 7 Faversham Square offers convenience and charm. Close proximity to esteemed educational institutions such as Ferntree Gully North Primary School, Mountain Gate Primary School, Upwey High School, St. Joseph's College, Ferntree Gully Primary School, and Rowville Secondary College caters to diverse educational needs. Major shops like Mountain Gate Shopping Centre provide retail options, while nearby parklands including Ferntree Gully Quarry Reserve and Dandenong Ranges National Park offer outdoor recreation. Commuting is effortless with Ferntree Gully Train Station nearby. This location harmoniously combines education, commerce, nature, and connectivity, making it an ideal home in Ferntree Gully.

On Site Auction 22nd of June at 1:30pm

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Property History for 7 Faversham Sq, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$735,000
22 Jun 2024
Listed for Rent
$295/w
23 Nov 2005
  • 22 Jun 2024
    Sold for $735,000
  • 27 May 2024
    Listed for Sale Auction ($650,000 - $710,000 )
  • 16 Aug 2008
    Sold for $385,000
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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 17 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.

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