OFF MARKET

507 Ferntree Gully Road
Glen Waverley VIC 3150

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 209m2
Land area: 295m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 5 Aug 2024
Low

High
Save

Property Details for 507 Ferntree Gully Rd, Glen Waverley

Building Type
Land
Year Built
2024
Floor Size
209m2
Land Size
295m2
Local Government
Monash
Lot/Plan
14/LP50359

Last Listing description (December 2022)

VIRTUAL ZOOM INSPECTION this Thursday 2nd September at 12pm-12.30pm
Please contact Samuel Jay on 0450 775 361 by phone and we will register your details then provide you with the zoom link.

Signifying a smart development choice with plans and permits approved for two double storey townhouses, this attractive home on 751sqm approx. is ready to impress those ready for action in the Pinewood Primary and Brentwood Secondary Zones. Enjoying service road placement, the current home is beautifully presented and ideal for rental or live-in purposes while you order goods and arrange your construction team. Bright and welcoming, the home's layout consists of three bedrooms serviced by a central bathroom, separate toilet and laundry. Polished floorboards enhance the L-shaped lounge and dining room, while the kitchen is accompanied by a casual meals zone for family dinners. Furthermore, the home includes a north-facing backyard, split system heating/air conditioning, high ceilings plus a single garage. Destined for greatness, the approved plans propose two indulgent townhouses each containing four bedrooms, two bathrooms plus the convenience of a powder room. The open plan living, dining and kitchen domains provide a free-flowing modern ambience, while a bonus study/lounge enhances the layout and a double garage delivers secure parking. A recipe for success in a prized location offering zoning to Pinewood Primary and Brentwood Secondary, near Monash Uni, Brandon Park Shopping Centre, The Glen, Pinewood shops, transport plus Monash Freeway.

Property History for 507 Ferntree Gully Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$1,200,000
03 Sep 2021
Listed for Rent
$420/w
24 Jan 2022
  • 24 Nov 2021
    Listed for Rent - Price not available
  • 03 Sep 2021
    Sold for $1,200,000
  • 29 Jul 2021
    Listed for Sale Forthcoming Auction
Sign in to see more transactions

Commute Calculator

About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.

Glen Waverley has 19,662 properties. Over the last 5 years, Houses in Glen Waverley have seen a 35.72% increase in median value, while Units have seen a 21.12% increase. As at 31 August 2024:

  • The median value for Houses in Glen Waverley is $1,726,707 while the median value for Units is $945,719.
  • Houses have a median rent of $690 while Units have a median rent of $650.
There are currently 93 properties listed for sale, and 46 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 753 properties were sold in the past 12 months in Glen waverley.

Suburb Insights for Glen Waverley 3150

Market Insights
Glen Waverley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Glen Waverley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.