1022 Burwood Highway, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

1022 Burwood Highway
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2085m2
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Property Details for 1022 Burwood Hwy, Ferntree Gully

Building Type
Commercial
Land Size
2085m2
Local Government
Knox
Lot/Plan
1/TP550272

Last Listing description (June 2023)

POINT OF INTEREST:
A former Honda dealership, this is an asset that has the best kind of exposure at the core of it. Occupy 387 sqm* of building sitting on an even more appealing 2,066 sqm* of land, including a front and rear hardstand for vehicles or machinery that need a solid base. Primarily set up as a showroom, theres also warehousing included within, as well as a kitchen, bathroom facilities, and heating and cooling. But the underlined selling point here is the frontage to Burwood Highway, a major thoroughfare within Melbournes East and a noticeable asset for those dipping into the Caltex, KFC, Aldi, or Repco all neighbours of yours. As for accessibility, Ferntree Gully railway station is 800 m* away, and by car, taking the M1 or the M3 will get you central in under an hour.

- 387 sqm* of total building area.
- 2,066 sqm* of total land area.
- Commercial 2 zoning.
- 800 m* from the Ferntree Gully railway station.
- 1.3 km* to Ferntree Gully Road.
- 29.8 km* to Melbourne CBD.

POINT OF VIEW:
Whether youre selling speed washers or speedboats; with a spotlight this bright on Burwood Highway, youll be ordering stock in as quickly as youre shifting it.

*Approx.
Pricing excludes GST

Property History for 1022 Burwood Hwy, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,588,400
26 Nov 2020
Listed for Rent
$110k/w
30 May 2023
  • 30 May 2023
    Listed for Rent - Price not available
  • 02 Dec 2022
    Listed for Rent - Price not available
  • 27 Jan 2021
    Listed for Rent - Price not available
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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 13,815 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 2.93% increase in median value, while Units have seen a 7.75% increase. As at 31 August 2026:

  • The median value for Houses in Ferntree Gully is $881,770 while the median value for Units is $686,569.
  • Houses have a median rent of $640 while Units have a median rent of $600.
There are currently 42 properties listed for sale, and 24 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 466 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Cotality Copyright and Legal Disclaimers about Property Data
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.