OFF MARKET

2/62 Old Belgrave Road
Upper Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 552m2
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Property Details for 2/62 Old Belgrave Rd, Upper Ferntree Gully

2/62 Old Belgrave Rd, Upper Ferntree Gully is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 552m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last transferred in March 2023.

Building Type
Unit
Year Built
1980
Floor Size
112m2
Land Size
552m2
Local Government
Knox
Lot/Plan
2/RP8828

Last Listing description (February 2016)

This unique unit/house is one of two on the block and sits at the rear, it affords its very own 500m2 (approx) parcel of land making it bigger and better than just a unit, its proximity to all amenities is unquestionable with everything you need a stone's throw away including shops, schools, transport, parks and medical facilities. This property would be ideal for those looking to start their rental portfolio or their first home but is not just limited to the up and coming and would also make a perfect retirement home for someone. The two homes are located on just over a half acre parcel of land with an abundance of common land at the rear.
The home is complete with gas ducted heating, split system air conditioning separate lounge and dining and sun drenched kitchen, there is a Lock-up garage plus off street parking and a fenced rear yard.
The property is currently tenanted and is well looked after.

Property History for 2/62 Old Belgrave Rd, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Transferred
21 Mar 2023
Listed for Rent
$290/w
05 Jun 2009
  • 21 Mar 2023
    Transferred
  • 23 Mar 2015
    Sold for $395,000
  • 28 Jan 2015
    Listed for Sale PRICE BY NEGOTIATION OVER $380,000
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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.

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