1/23 Commercial Rd, Ferntree Gully is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2010. The property has a land size of 304m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in November 2011.
DEVELOPMENT OPPORTUNITY
***OPEN FOR INSPECTION SATURDAY 2.00PM-3.00PM AT DISPLAY CENTRE- 5/1849 FERNTREE GULLY RD, FERNTREE GULLY***
Quality living doesn't come much better than you'll find in this superb development of just 4 units. Comprising 2 double storey residences at the front and 2 single storey residences at the rear, you'll be spoiled for choice. If you're quick, you can snap up one of the 2 front 2-residences that have their own street frontage and no common land. All feature 2 formal and casual living areas and a choice of 3 or 4 bedrooms plus 2 bathrooms. The detail is superb as well with stainless and stone kitchen, premium tiles and carpets and double remote control garage plus all landscaping topped off by a fabulous location just moments from all services. Better still, even though it's due for completion soon, if you buy now you can still make substantial savings on stamp duty. First home buyers can also receive up to $20,000 in grants to assist with their purchase.
The size of Ferntree Gully is approximately 14.0 square kilometres. It has 45 parks covering nearly 8.8% of 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 13,795 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.85% increase in median value, while Units have seen a 21.12% increase. As at 31 December 2025:
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