OFF MARKET

8 Mountain Gate Drive
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 152m2
Land area: 726m2
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Last updated 16 Dec 2024
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Property Details for 8 Mountain Gate Dr, Ferntree Gully

8 Mountain Gate Dr, Ferntree Gully is a 4 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 726m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Floor Size
152m2
Land Size
726m2
Local Government
Knox
Lot/Plan
61/LP53722

Last Listing description (February 2023)

Presenting a powerful proposition for the astute investor, builder or developer, this enticing family home on an 726sqm approx. corner allotment, comes complete with approved plans and permits for four exquisite townhouses.

Currently at home on the site is a comfortable four-bedroom home boasting a spacious lounge room with polished floorboards, kitchen and adjoining meals zone with stainless steel appliances and breakfast bench, family bathroom, separate toilet and a full-sized laundry. Outside, families can enjoy the large entertaining deck and child-friendly backyard. Enhanced by ducted heating, cooling, garden shed plus a single garage.

Enjoying a lifestyle of convenience, only a short walk from Mountain Gate Shopping Centre, cafes and restaurants, buses, HV Jones Park, Mountain Gate Primary, close to Heritage College, Fairhills High School, Westfield Knox, Dandenong Ranges National Park and Eastlink.

Photo ID required at all open for inspections.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 8 Mountain Gate Dr, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$951,888
18 Feb 2023
Listed for Rent
$400/w
03 Dec 2019
  • 18 Feb 2023
    Sold for $951,888
  • 21 Dec 2022
    Listed for Sale $800,000-$880,000
  • 04 Mar 2020
    Sold for $850,000
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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 41 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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