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Sold on 06 Jul 2024 for $666,500

7/55 Albert Street
Upper Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 242m2
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Property Details for 7/55 Albert St, Upper Ferntree Gully

7/55 Albert St, Upper Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 242m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Upper Ferntree Gully in the last 12 months.

Building Type
Unit
Land Size
242m2
Local Government
Knox
Lot/Plan
7/SP30996

Last Listing description (July 2024)

Situated in the heart of Upper Ferntree Gully, this modernized unit presents an ideal opportunity for first home buyers and downsizers seeking a place to truly call home. With stunning views of the Dandenong Ranges and a prime location, this home offers everything you need to live a serene lifestyle.

As you enter the home, step into a spacious living room that exudes warmth and comfort. Through the door located to the left, you'll find two generously sized bedrooms, both equipped with built-in robes, the main bathroom and a renovated laundry, showcasing a stunning wooden benchtop, a sleek black sink, and stylish black fixtures, enhancing the home's modern appeal and functionality.

The living room flows effortlessly into the open-plan kitchen and meals area. The recently renovated kitchen boasts white cabinetry that is complemented by the stylish glass splashback and features a sizable pantry, and quality appliances, including a gas cooktop and an electric oven. This area extends seamlessly to the decking that overlooks the Dandenong Ranges and leads to the spacious backyard, perfect for outdoor enjoyment.

Additional features of this home include ducted heating, split system heating and cooling unit in living, new flooring (carpet, floating timber floorboards), front verandah, storage garden shed and single car garage.

Features:
• 2 Bedrooms with Built-in Robes
• 1 Bathroom
• Separate Toilet
• Open Plan Kitchen and Meals
• Gas Cooktop
• Electric Oven
• Spacious Living
• Laundry
• Ducted Heating
• Split System Heating and Cooling Unit
• New Flooring (Carpet, Tiles, Floating Timber Floorboards)
• Blinds Throughout
• Front Verandah
• Decking
• Storage Garden Shed
• Single Car Garage

Location:
This home is ideally situated offering easy access to a variety of amenities. Nearby primary schools include Upper Ferntree Gully Primary School, St. John the Baptist School, and Ferntree Gully North Primary School. For older students, the area is served by Upwey High School, St. Joseph's College, Fairhills High School, and Mater Christi College. Shopping needs can be met at the nearby Ferntree Plaza, Mountain Gate Shopping Centre and Westfield Knox Shopping Centre. Surrounded by an array of parklands for you to enjoy include Talaskia Reserve, Gilmour Park and Dandenong Ranges National Park. The closest train station, Upper Ferntree Gully Station, provides convenient public transport options and direct access into Melbourne's CBD.

Onsite Auction Saturday 6th of July at 2pm

Property History for 7/55 Albert St, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$666,500
06 Jul 2024
Listed for Rent
$275/w
22 Jun 2011
  • 06 Jul 2024
    Sold for $666,500
  • 11 Jun 2024
    Listed for Sale Auction ($575,000 - $630,000)
  • 03 Feb 2017
    Sold for $440,000
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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 9 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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Brendan Milner
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Austen Kosasih
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Ray White Ferntree Gully
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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.