5/39 Ferntree Gully Road, Oakleigh, VIC 3166 | Apartment for sale | OnTheHouse
 
FOR SALE
$240,000 - $264,000

5/39 Ferntree Gully Road
Oakleigh VIC 3166

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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7.5% Rental Return!

Set within a boutique block of just ten, this modern studio apartment delivers an exceptional low-maintenance lifestyle in the heart of Oakleigh. Perfect for first home buyers, investors or downsizers, it offers a smart design paired with quality finishes and a standout outdoor space.
Inside, the light-filled layout is both functional and inviting, complemented by a contemporary kitchen featuring stone benchtops, stainless steel gas cooktop, oven and dishwasher. The spacious bathroom is beautifully appointed with floor-to-ceiling tiles, a stone vanity and generous storage, enhancing the home's sleek and modern appeal.
A true highlight is the oversized private balcony, offering an ideal setting to relax, entertain or enjoy open-air living, a rare find in studio-style apartments. Split system heating and cooling ensures year-round comfort, while a secure car space adds everyday convenience.
Positioned for lifestyle ease, enjoy walking distance to local parks and reserves, quality schools and nearby bus routes. Oakleigh's vibrant Eaton Mall, renowned dining options and train station are all within easy reach, with Chadstone Shopping Centre just a short drive away.
Stylish, low-maintenance and superbly located, this is a move-in ready opportunity with strong lifestyle and investment appeal.
Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 5/39 Ferntree Gully Rd, Oakleigh

5/39 Ferntree Gully Rd, Oakleigh is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Oakleigh.

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Apartment
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. There are 11 parks, covering nearly 10.8% of the total area. The population of Oakleigh in 2016 was 7893 people. By 2021 the population was 8442 showing a population growth of 7.0% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation.In 2021, 62.70% of the homes in Oakleigh were owner-occupied compared with 64.40% in 2016.

Oakleigh has 5,618 properties. Over the last 5 years, Houses in Oakleigh have seen a 2.84% increase in median value, while Units have seen a -1.82% decrease. As at 30 April 2026:

  • The median value for Houses in Oakleigh is $1,292,285 while the median value for Units is $621,086.
  • Houses have a median rent of $700 while Units have a median rent of $610.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Oakleigh on OnTheHouse. According to Cotality's data, 212 properties were sold in the past 12 months in Oakleigh.

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Leigh Kelepouris
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Sergio Damjanic
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Ray White Oakleigh
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