1/1232 Burwood Hwy, Upper Ferntree Gully, VIC 3156 | House for sale | OnTheHouse
FOR SALE
$920,000 - $960,000

1/1232 Burwood Highway
Upper Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 368m2
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High-Profile Freehold with 3-Bedroom Residence – Prime Exposure on Burwood Highway

Offering a rare combination of shopfront and residence in one, this versatile freehold presents outstanding potential for retail, office, cafe/restaurant, medical, or consulting use. Perfectly positioned in a thriving shopping precinct, just moments from Upper Ferntree Gully Train Station and Ferntree Plaza Shopping Centre, it's a golden opportunity for owner-occupiers or investors alike.
Currently in its original condition, the property features:
* 78sqm shopfront* with an impressive 10.5m frontage, maximising exposure to high volumes of passing traffic
* Attached 3-bedroom residence/office with kitchen, living, and bathroom facilities, plus separate rear laneway access
* Private courtyard and off-street parking, with additional customer parking in the shopping strip
* Excellent potential for further development (STCA)
The surrounding area boasts a vibrant mix of retail outlets, restaurants, and cafes, ensuring strong foot traffic. With Commercial 1 Zoning (C1Z), the possibilities are limitless.
Key Features:
* Land size: 368sqm*
* Total building area: 186sqm* (inc. shop)
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Property Details for 1/1232 Burwood Hwy, Upper Ferntree Gully

1/1232 Burwood Hwy, Upper Ferntree Gully is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 368m2. The place is currently for sale with Barry Plant Rowville.

Building Type
House
Land Size
368m2
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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 2016 was 3416 people. By 2021 the population was 3417 showing a population growth of 0.0% 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 2021, 84.30% of the homes in Upper Ferntree Gully were owner-occupied compared with 84.40% in 2016.

Upper Ferntree Gully has 1,544 properties. Over the last 5 years, Houses in Upper Ferntree Gully have seen a 32.70% increase in median value, while Units have seen a 17.90% increase. As at 30 November 2025:

  • The median value for Houses in Upper Ferntree Gully is $982,200 while the median value for Units is $645,159.
  • Houses have a median rent of $620 while Units have a median rent of $388.
There are currently 12 properties listed for sale, and 1 property listed for rent in Upper ferntree gully on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Upper ferntree gully.

Suburb Insights for Upper Ferntree Gully 3156

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Yeow Lim
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Anthony Johnson
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Barry Plant Rowville
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.