OFF MARKET

9 Oaklands Avenue
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 111m2
Land area: 984m2
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Last updated 11 Nov 2024
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Property Details for 9 Oaklands Ave, Ferntree Gully

9 Oaklands Ave, Ferntree Gully is a 4 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 984m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
984m2
Local Government
Knox
Lot/Plan
14/LP12289

Last Listing description (March 2023)

THE PROPERTY
Enviably poised on an impressively expansive 969sqm (approx.) allotment within a quiet no-through road, this original family hideaway bestows a versatile opportunity with incredible prospects. Appealing to a wide range of buyers, it provides the opportunity to renovate & modernise, demolish & build your dream home or better yet, establish a lucrative multi-unit development (STCA). Bright & airy in nature, the current home is complete with four spacious bedrooms, one-bathroom, multiple living areas, and a large enclosed outdoor alfresco/sunroom.

THE FEATURES
Generous four-bedroom, one-bathroom home with immense prospects
Remarkable 969sqm (approx.) allotment
Add further value by renovation
Knockdown and build a multi-unit development (STCA)
Two living areas and an original kitchen/meals
Laundry facilities with separate toilet

THE LOCATION
However you decide to utilise this incredible opportunity, rest assured that you're conveniently positioned just a leisurely stroll to Pickett Reserve, Mountain Gate Shops, Mountain Gate Primary, Wattleview Primary, and close to Tim Neville Arboretum, Westfield Knox & Eastlink.

On Site Auction Saturday 28th of January at 12pm

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Property History for 9 Oaklands Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$830,000
29 Jan 2023
  • 29 Jan 2023
    Sold for $830,000
  • 28 Dec 2022
    Listed for Sale Auction ($780,000 - $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 13,624 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 58 properties listed for sale, and 32 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Ferntree gully.

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