Lot 50/19 Bunowen St, Ferny Grove is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1992. The property has a land size of 1092m2 and floor size of 432m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
BUILT CIRCA 1992 AND SET IN LEAFY SURROUNDS ASTUTE INVESTORS WILL BE IMPRESSED BY THIS TOWNHOUSE COMPLEX AS AN IDEAL WEALTH CREATOR GIVEN IT'S INCOME AND CAPITAL GROWTH POTENTIAL. LOCATED WITHIN 200 METRES OF THE FERNY GROVE RAILWAY STATION AND SHOPPING COMPLEX THE LOCATION IS A1. SITUATED ON 1092 SQM WITH LARGE PRIVATE COURTYARDS EACH UNIT COMPRISES TWO BEDROOMS, UPSTAIRS BATHROOM WITH SEPARATE TOILET, SPACIOUS LIVING ROOM, WELL EQUIPPED KITCHEN, ENCLOSED LAUNDRY AND DOWNSTAIRS TOILET. Each unit is advantaged by air-con upstairs and downstairs and have lock up garages.
The current income potential is appraised at $114,400.00 pa ($550.00 pw) and given the extra convenient location tenancy supply is assured. After lengthy ownership the sellers are committed to selling and all written offers will be presented to the owners.
Inspections on Advertised Open Viewings or by private appointment with Andrew Sim 0426 582 818. An Information Memorandum is available on request.
The size of Ferny Grove is approximately 3.8 square kilometres. There are 22 parks, covering nearly 17.3% of the total area. The population of Ferny Grove in 2016 was 5725 people. By 2021 the population was 5871 showing a population growth of 2.6% in the area during that time. The predominant age group in Ferny Grove is 40-49 years. Households in Ferny Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferny Grove work in a professional occupation.In 2021, 75.90% of the homes in Ferny Grove were owner-occupied compared with 76.50% in 2016.
Ferny Grove has 2,364 properties. Over the last 5 years, Houses in Ferny Grove have seen a 63.33% increase in median value, while Units have seen a 86.06% increase. As at 31 August 2026:
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