18 Bursaria Avenue, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

18 Bursaria Avenue
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 725m2
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Property Details for 18 Bursaria Ave, Ferntree Gully

18 Bursaria Ave, Ferntree Gully is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 725m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1975
Floor Size
119m2
Land Size
725m2
Local Government
Knox
Lot/Plan
239/LP50539

Last Listing description (October 2022)

THE PROPERTY
Flaunting all the ingredients for undeniable lifestyle success, this charming family home offers an expansive 725 sqm (approx.) allotment at the epicentre of one of Ferntree Gully's most coveted pockets widely renowned for its convenience. Resting at the end of a quiet no-through road, the delightful abode is ripe for a contemporary touch allowing you to modernise & renovate the existing floor plan which comprises a large living & dining domain, centrally positioned kitchen with meals area, three liberal bedrooms & a main bathroom, whilst outside features a sweeping rear yard with alfresco. Alternatively, with 2 crossovers already in position, reap the benefits of this huge parcel & build a lucrative double development each with their own street frontage or one front & back (STCA).

THE FEATURES
Delightful 3-bed, 1-bath cherry ripe for reno
Private 725sqm (approx.) allotment
Knock down the existing home & build a lucrative multi-unit development (STCA)
Enviable dual driveway entry already in position
Perfect investment opportunity
Original home features three spacious bedrooms & one-bathroom
Single car garage with workshop plus double carport to the front
Gas ducted heating throughout the house
Heating & cooling in the main living

THE LOCATION
Whether you decide to renovate, rebuild, or invest, rest assured this remarkable property enjoys a first-class position certain to be the seal of approval. Located on the cusp of Knoxfield, close to Fairhills High, Fairhills Primary, Fairpark Reserve, Westfield Knox, Mountain Gate Shops, RD Egan Lee Reserve & Eastlink.

Onsite Auction Saturday 23rd of July at 1pm

Property History for 18 Bursaria Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$810,000
23 Jul 2022
  • 23 Jul 2022
    Sold for $810,000
  • 30 Jun 2022
    Listed for Sale Auction ($690,000 - $759,000)
  • 25 Jul 1975
    Sold for $31,500
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About Ferntree Gully 3156

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 13,791 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 16.49% increase in median value, while Units have seen a 19.83% increase. As at 31 March 2026:

  • The median value for Houses in Ferntree Gully is $939,232 while the median value for Units is $715,214.
  • Houses have a median rent of $630 while Units have a median rent of $583.
There are currently 41 properties listed for sale, and 20 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 538 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.