16 Loretto Ave, Ferntree Gully is a 3 bedroom, 1 bathroom House. The property has a land size of 726m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
A HOME ON AROUND 725SQM WITH SUBDIVISION POTENTIAL (STCA)
IF YOU'RE GETTING INTO THE REAL ESTATE MARKET FOR THE FIRST TIME, OR TRYING TO START OR EXPAND YOUR RENTAL PORTFOLIO, THIS HOME ON A GENEROUS BLOCK OF AROUND 725SQM WOULD MAKE A FINE CHOICE WITH ITS RAFT OF RECENT UPDATES AND POTENTIAL FOR THE FUTURE. IN A GREAT POSITION SO CLOSE TO BUSES AND FAIRHILLS PRIMARY AND SECONDARY SCHOOLS WITH KNOX CITY JUST MINUTES AWAY, IT MEETS ANY BUYERS' FIRST CRITERIA FOR A GREAT LOCATION. AND BEHIND ITS UNASSUMING FACADE YOU FIND A HOME FULL OF NATURAL LIGHT THANKS TO WALL TO WALL WINDOWS THAT HELP ENHANCE ITS FEELING OF SPACE. NEW CARPET FEATURES THROUGHOUT, HIGHLIGHTING THE GENEROUS LIVING ROOM WITH OPEN FIRE PLACE AS WELL AS THE ADJOINING KITCHEN THAT HAS BEEN RENOVATED WITH GREAT STORAGE AND AN UPRIGHT GAS OVEN/STOVE. THERE ARE 3 SPACIOUS BEDROOMS WITH BUILT IN WARDROBES AND A VERY NEAT BATHROOM WITH INCLUDED TOILET. DUCTED HEATING IS ALSO INCLUDED TO KEEP THE WINTER CHILLS AT BAY AND OUTSIDE YOU FIND A HUGE REAR YARD WITH PLENTY OF SPACE FOR AN EXTENSION, GARAGE AND ENTERTAINING SPACE.
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 13,792 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 34.14% increase in median value, while Units have seen a 23.86% increase. As at 30 November 2025:
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