OFF MARKET

27 Ferntree Gully Road
Oakleigh VIC 3166

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 981m2
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Last updated 1 Apr 2024
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Property Details for 27 Ferntree Gully Rd, Oakleigh

Building Type
Land
Land Size
981m2
Local Government
Monash
Lot/Plan
2/LP10719

Last Listing description (August 2023)

On an expansive corner block measuring 982 sqm (approx.) and with side access to the property from Devon Grove, this charming 3 bedroom home is ready for a fresh start!

The single level property situated on the allotment is ideal to live in, with well-appointed interiors, timber floors, soaring ceilings, spacious living and dining, inviting bedrooms, huge north-facing back garden, and garage parking. The true appeal though lies in the undoubted potential, where purchasers could utilise the expansive corner lot to build multiple townhouses/units or one grand and bespoke family residence (all options STCA).

Conveniently located, you're only moments to Oakleigh Central and Eaton Mall, Chadstone Shopping Centre with amazing restaurants, cinemas, and entertainment, Scotchmans Run Reserve with trail, Brickmakers Park, Oakleigh Recreation Centre, Amsleigh Park Primary School, South Oakleigh Secondary College, Monash University, buses, and Oakleigh Station.

We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 27 Ferntree Gully Rd, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$1,545,000
26 Aug 2023
Listed for Rent
$450/w
18 Mar 2022
  • 26 Aug 2023
    Sold for $1,545,000
  • 31 Jul 2023
    Listed for Sale Contact Agent
  • 06 Dec 2021
    Listed for Rent $450 / week
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation. In 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.

Oakleigh has 5,478 properties. Over the last 5 years, Houses in Oakleigh have seen a 26.01% increase in median value, while Units have seen a 3.83% increase. As at 31 July 2024:

  • The median value for Houses in Oakleigh is $1,302,533 while the median value for Units is $580,894.
  • Houses have a median rent of $650 while Units have a median rent of $565.
There are currently 22 properties listed for sale, and 13 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Oakleigh.

Suburb Insights for Oakleigh 3166

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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.