SOLD
Sold on 05 Jul 2024 for $1,480,000

1272 Burwood Highway
Upper Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 966m2
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Property Details for 1272 Burwood Hwy, Upper Ferntree Gully

Building Type
Commercial
Land Size
966m2
Local Government
Knox
Lot/Plan
CP170279

Property History for 1272 Burwood Hwy, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,480,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $1,480,000
  • 08 Nov 1995
    Sold for $295,000

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About Upper Ferntree Gully 3156

The size of Upper Ferntree Gully is approximately 3.6 square kilometres. It has 6 parks covering nearly 8.9% of total area. The population of Upper Ferntree Gully in 2011 was 3,221 people. By 2016 the population was 3,429 showing a population growth of 6.5% in the area during that time. The predominant age group in Upper Ferntree Gully is 50-59 years. Households in Upper Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Ferntree Gully work in a professional occupation. In 2011, 83.6% of the homes in Upper Ferntree Gully were owner-occupied compared with 84.4% in 2016.

Upper Ferntree Gully has 1,546 properties. Over the last 5 years, Houses in Upper Ferntree Gully have seen a 22.06% increase in median value, while Units have seen a 12.13% increase. As at 30 November 2024:

  • The median value for Houses in Upper Ferntree Gully is $908,762 while the median value for Units is $584,588.
  • Houses have a median rent of $600 while Units have a median rent of $388.
There are currently 7 properties listed for sale, and no properties listed for rent in Upper ferntree gully on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Upper ferntree gully.

Suburb Insights for Upper Ferntree Gully 3156

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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.