1/123 Underwood RoadFerntree Gully VIC 3156
Property Details for 1/123 Underwood Rd, Ferntree Gully
1/123 Underwood Rd, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1977. The property has a land size of 256m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Ferntree Gully in the last 12 months.
Last Listing description (June 2026)
Discover the perfect combination of modern living, privacy, and outdoor enjoyment in this beautifully renovated 2-bedroom home, ideally located in the heart of Ferntree Gully.
Set on a block of only two residences with no body corporate, this charming home offers a unique opportunity for buyers seeking a low-maintenance property with the bonus of a substantial private backyard.
The expansive outdoor space is a true highlight, providing plenty of room for gardening enthusiasts, children to play safely, weekend entertaining, pets to roam, or simply relaxing in your own private sanctuary. Opportunities to secure a home with this much outdoor space in such a convenient location are becoming increasingly rare.
Inside, the home has been thoughtfully renovated throughout, creating a fresh, modern, and welcoming atmosphere ready for you to move in and enjoy.
Property Features:
Fully renovated throughout
Two generous bedrooms
Modern bathroom with quality finishes
Stylish kitchen with dishwasher and oven
Light-filled living and dining area
Air conditioning for year-round comfort
Solar panels to help reduce electricity costs
Large private backyard with exceptional outdoor space
No body corporate fees
Only two homes on the block, offering added privacy
Conveniently located close to Ferntree Gully Train Station, schools, parks, shopping centres, and local amenities
Whether you're a first-home buyer, downsizer, investor, or a garden lover looking for extra outdoor space, this property presents an outstanding lifestyle opportunity in a highly desirable location.
A rare find with space, style, and conveniencedon't miss your opportunity to inspect this impressive home. Contact us today to arrange a viewing.
NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer: All dimensions, sizes and layout are approximately. The photos are for illustrative purposes only and include virtual furniture for display purposes only.
Property History for 1/123 Underwood Rd, Ferntree Gully, VIC 3156
- 10 Jun 2026Listed for Sale $620,000 - $670,000
- 21 Jul 2025Sold for $490,000
- 19 Dec 1997Sold for $75,000
Recent sales nearby
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About Ferntree Gully 3156
The size of Ferntree Gully is approximately 14.0 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Ferntree Gully in 2016 was 26428 people. By 2021 the population was 27398 showing a population growth of 3.7% in the area during that time. The predominant age group in Ferntree Gully is 30-39 years. Households in Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferntree Gully work in a professional occupation.In 2021, 76.30% of the homes in Ferntree Gully were owner-occupied compared with 77.00% in 2016.
Ferntree Gully has 13,780 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 9.36% increase in median value, while Units have seen a 14.51% increase. As at 31 May 2026:
- The median value for Houses in Ferntree Gully is $911,337 while the median value for Units is $699,523.
- Houses have a median rent of $630 while Units have a median rent of $600.
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