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Overview
This spacious double storey home on a generous 725sqm approximately allotment offers a rare combination of substantial living space and redevelopment potential. Its six bedrooms provide abundant accommodation options, making it an excellent fit for large families seeking room to grow or those who value flexibility.
Thoughtfully laid out for comfort and practicality, the home features a functional dining area adjacent to the kitchen, complemented by a cozy living room centered around an inviting fireplace. This setup fosters a warm and welcoming atmosphere suitable for family gatherings or quiet evenings.
Positioned on a sizeable land parcel with no easements, the property invites potential for subdivision or redevelopment, subject to council approval. Its established features, including two bathrooms and multiple living areas, ensure it remains a comfortable and practical residence in its current form.
Ideal for buyers looking for a home with long-term investment value or for those who wish to inhabit the property while exploring redevelopment possibilities. The location within Ferntree Gully offers convenient access to nearby schools, shops, and transport, enhancing its appeal for families and professionals alike.
Local Market Insights
In Ferntree Gully, Quiet Listings observed 27 new houses entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $1,125,185. The property type mix of listed properties is predominantly Houses at 57%, followed by townhouses (19%), and units (9%). Ray White was the most active agency in this area, representing 55.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Ferntree Gully VIC 3156
Market Insights for Ferntree Gully VIC 3156
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
