OFF MARKET

5 William Street
Upper Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 250m2
Land area: 1064m2
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Property Details for 5 William St, Upper Ferntree Gully

5 William St, Upper Ferntree Gully is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 1064m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in May 2003.

Building Type
House
Year Built
1950
Floor Size
250m2
Land Size
1064m2
Local Government
Knox
Lot/Plan
48/LP8794

Last Listing description (January 2019)

Rare land opportunity
Development upside
Significant road frontage

Ranges First National is delighted to offer for sale a rare substantial vacant block within the tightly held Ferntree Gully location. This approximate 1409sqm block (approx.) is zoned industrial 1 and is ideally suited for owner occupiers or developers looking to capitalise on the strong strata demand. Surrounded by a dense residential catchment this is an opportunity too good to miss.
Located with direct street frontage to William Street the site is accessed via main arterials such as Burwood Highway and Ferntree Gully Road. Only 4.4km away from the Westfield Knox shopping centre and 9.8km to Eastlink on off ramps this is an opportunity not to be missed.
Contact Mick Dolphin on 0429 684 522, Dineke Simpson on 0433 658 777 or Steve Dolphin on 0412 996 609 to talk more about this property today.

Property History for 5 William St, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
31 May 2003
  • 03 Aug 2018
    Listed for Sale Not Disclosed
  • 31 May 2003
    Sold
  • 28 Apr 2001
    Sold for $148,000
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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 1,539 properties. Over the last 5 years, Houses in Upper Ferntree Gully have seen a 26.28% increase in median value, while Units have seen a 13.73% increase. As at 30 September 2024:

  • The median value for Houses in Upper Ferntree Gully is $896,039 while the median value for Units is $575,063.
  • Houses have a median rent of $580 while Units have a median rent of $388.
There are currently 10 properties listed for sale, and 2 properties listed for rent in Upper ferntree gully on OnTheHouse. According to CoreLogic's data, 48 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.