OFF MARKET

74 Ferntree Gully Road
Oakleigh East VIC 3166

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 175m2
Land area: 901m2
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Last updated 16 Sep 2024
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Property Details for 74 Ferntree Gully Rd, Oakleigh East

74 Ferntree Gully Rd, Oakleigh East is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 901m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1960
Floor Size
175m2
Land Size
901m2
Local Government
Monash
Lot/Plan
1/TP343351

Last Listing description (March 2021)

Don't wait a minute morejump into your next development right now with all the hard work done! Offered with approved plans for three substantial two-storey townhouses, this exciting opportunity comes with a highset wide-fronted approx 902sqm site, a flexibly tenanted brick home, and permits to commence when you're ready!

See through the vision for these substantial four bedroom, three bathroom, dual living homes and be rewarded by three highly-marketable designs - all with living upstairs and down, a luxe first-floor master-suite and alternative master accommodation on the ground-floor.

Capitalising on the large allotment of approx. 902m2 to perhaps start a vision of designing and building 2 large premium townhouses (STCA) for yourself and a close family friend who wants to raise a family together. The possibilities are endless!

Classically styled with eye-catching brick and render facades, these three substantial homes tick all the boxes for family buyers with a private double garage, a family-wise kitchen and at least one ensuite. With large living zones opening to an entertainers' deck and excellent private open space, even the sun-catching westerly rear aspect will help these shine in your buyers' eyes!

Situated where so many families want to live - with parks all around, Monash University in reach, and Chadstone and Eaton Mall with minutes, this exciting project is ready when you are! Pace out the land, look at the plans, let the existing home pay its way (at $520pw) until you break ground or get underway today and reap the rewards of this red-hot market tomorrow!

***Samples of artist impressions shown

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Property History for 74 Ferntree Gully Rd, Oakleigh East, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$1,270,000
20 Mar 2021
Listed for Rent
$520/w
24 Oct 2019
  • 20 Mar 2021
    Sold for $1,270,000
  • 23 Feb 2021
    Listed for Sale UNDER CONTRACT / UNDER OFFER
  • 03 Sep 2019
    Listed for Rent $520 / week
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About Oakleigh East 3166

The size of Oakleigh East is approximately 2.1 square kilometres. It has 6 parks covering nearly 5.4% of total area. The population of Oakleigh East in 2011 was 5,972 people. By 2016 the population was 6,432 showing a population growth of 7.7% in the area during that time. The predominant age group in Oakleigh East is 20-29 years. Households in Oakleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh East work in a professional occupation. In 2011, 62.8% of the homes in Oakleigh East were owner-occupied compared with 61.4% in 2016.

Oakleigh East has 3,502 properties. Over the last 5 years, Houses in Oakleigh East have seen a 30.64% increase in median value, while Units have seen a 21.42% increase. As at 31 August 2024:

  • The median value for Houses in Oakleigh East is $1,295,175 while the median value for Units is $875,832.
  • Houses have a median rent of $650 while Units have a median rent of $615.
There are currently 17 properties listed for sale, and 10 properties listed for rent in Oakleigh east on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Oakleigh east.

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