OFF MARKET

8 Olivette Avenue
Upper Ferntree Gully VIC 3156

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 448m2
Land area: 1192m2
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Property Details for 8 Olivette Ave, Upper Ferntree Gully

8 Olivette Ave, Upper Ferntree Gully is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 1192m2 and floor size of 448m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2010
Floor Size
448m2
Land Size
1192m2
Local Government
Yarra Ranges
Lot/Plan
1/TP157852

Last Listing description (May 2022)

On a warm summer's night, the sun sets between the Dandenong Ranges & Melbourne CBD as you relax in your elevated spa bath, which is clearly the centerpiece of your private ensuite, located in the master suite. As night falls, you admire the sweeping sunset views over Melbourne and Port Philip Bay whilst closing the bi-fold doors to your balcony and settle into bed in this grand & majestic home above the clouds.

This award winning resort-style home has featured in multiple national publications including Best Houses Australia & Best Abodes, and has made various appearances on TV. Having been crowned the 'Best Sustainable Home' in the Master Builders Association Awards, this home truly sets the standard for new age living.

Filled with an endless list of features you won't find anywhere else, this home is as unique as they come. Nothing characterises the home better than what lies in the heart of it; a large exposed granite thermal mass wall that absorbs & radiates heat throughout the day, regulating the temperature of the home naturally. Known as 'the home with a green heart', everything has been built around sustainable & low-omission, yet comfortable & modern living.

A home that can't be so easily summarised, one must see the property for themselves to really feel the scale. From its impressive entrance water feature , to the rooftop garden with panoramic views, this home is an experience in itself.

Nestled amongst nature, this luxury home lies at the gateway to the Dandenong Ranges national park, just moments away from the popular 'Thousand Steps' & many more walking trails. Feed the local parrots and rosellas from your large entertaining balcony or relax in your home cinema, this house offers the perfect life style for those looking for a city escape. You're also moments away from the conveniences offered by Upper Ferntree Gully Train Station, local shopping on Burwood Highway, many parks and more.

Private Inspections are available!
Please contact the agent to book in a private inspection to view this listing.

Property History for 8 Olivette Ave, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$2,100,000
05 Mar 2022
  • 05 Mar 2022
    Sold for $2,100,000
  • 03 Nov 2021
    Listed for Sale AUCTION $2,000,000 - $2,200,000
  • 06 Oct 2020
    Sold for $2,150,500
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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 30.76% increase in median value, while Units have seen a 21.90% increase. As at 31 August 2024:

  • The median value for Houses in Upper Ferntree Gully is $903,637 while the median value for Units is $601,625.
  • Houses have a median rent of $580 while Units have a median rent of $388.
There are currently 10 properties listed for sale, and 1 property 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.

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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.