2/1 Velden Avenue, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

2/1 Velden Avenue
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 251m2
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Property Details for 2/1 Velden Ave, Ferntree Gully

2/1 Velden Ave, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 251m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
1981
Floor Size
91m2
Land Size
251m2
Local Government
Knox
Lot/Plan
1/PS408139

Last Listing description (September 2025)

OPPORTUNITY.

Instantly charming with its street presence, this two-bedroom residence offers the ease of low maintenance living in a location that provides excellent convenience. Whether you're a young buyer wishing to step into the market, a downsizer seeking simplicity, or an investor looking for a property with strong rental appeal, this home presents an exceptional opportunity.

PROPERTY.

A spacious lounge room with a bay window welcomes you into the home, inviting relaxation. Stepping down to the kitchen and meals area, you'll find everything you need for effortless cooking, including all the essential appliances. From here, the connection to outside is seamless, when you open the sliding door to a sundrenched breakfast deck set within an enclosed courtyard. Two bedrooms with built-in wardrobes provide a restful sleeping environment, complemented by a stylishly renovated bathroom, a separate toilet and a laundry.

Extras that enhance this home include ducted heating, a new split system air conditioner and a remote single garage with internal access.

LOCATION.

Well-placed for easy access to a plethora of amenities, this home is just a short stroll to bus stops, parks, reserves, the Tim Neville Arboretum, Blind Creek Trail and Mountain Gate Shopping Centre, featuring specialty stores, a Woolworths supermarket, cafes and restaurants. It is also within close proximity to schools, Ferntree Gully Train Station, Hill View Shopping Centre, Boronia's central shopping hub and train station, Westfield Knox, and EastLink.

DETAILS.

Land size: 251sqm (approx.)

No Body Corporate

Zoning: Knox City Council - Neighbourhood Residential Zone - Schedule 4 (NRZ4)

School Zone: Wattle View Primary School and Fairhills High School

Property History for 2/1 Velden Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$625,000
01 Feb 2025
Listed for Rent
$425/w
04 Jan 2023
  • 01 Feb 2025
    Sold for $625,000
  • 21 Jan 2025
    Listed for Sale Offers Closing | Sat 1st Feb at 5:30PM
  • 15 Jan 2024
    Listed for Rent $480 / week
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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 13,792 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 22.21% increase in median value, while Units have seen a 21.96% increase. As at 28 February 2026:

  • The median value for Houses in Ferntree Gully is $952,662 while the median value for Units is $712,854.
  • Houses have a median rent of $625 while Units have a median rent of $590.
There are currently 29 properties listed for sale, and 24 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 547 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.