5 Clow Ave, Upper Ferntree Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 749m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last transferred in May 2022.
On a generous block measuring around 749sqm this home has been well maintained throughout its life and offers first home buyers and investors the chance to buy into a quiet and highly sought-after pocket of Upper Ferntree Gully close to parks, buses, Upper Ferntree Gully train station and shopping village.
This is a great opportunity for investors (currently tenanted at $395 per week!) and owner occupiers alike. Fronted by a classic brick fa ade, the home is well presented and features a generous lounge room with a gas heater, a kitchen/meals area, family room, 3 bedrooms, a family bathroom and a 4th bedroom that could also serve as a dining room or study. Ducted heating, evaporative cooling and polished hardwood floors also feature and outside you find the generous backyard with a long driveway leading to the oversized garage/workshop.
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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:
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