2/16 Margot Street, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

2/16 Margot Street
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 558m2
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Property Details for 2/16 Margot St, Ferntree Gully

2/16 Margot St, Ferntree Gully is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 558m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1984
Floor Size
91m2
Land Size
558m2
Local Government
Knox
Lot/Plan
2/SP20499

Last Listing description (September 2024)

This gorgeous weatherboard home is located in the heart of Ferntree Gully. In mere minutes, you can find yourself shopping at Westfield Knox and Mountain Gate Shopping Centre, or walk to Ferntree Gully Train Station to board a train to the CBD or Belgrave. With its convenient location, it is perfect for first home buyers, investors, or families willing to renovate or rebuild. Also close to schools and other amenities, it is a prime location.

The home itself is at the end of a long driveway where a carport awaits your car. Rectangular in shape, this home offers a comfortable 3-bedroom, 1-bathroom layout with an open-plan living area. The kitchen features white benchtops, a stainless steel sink, a gas cooktop, and an electric oven. The hardwood floors extend throughout the open-plan living space, which includes split system heating and cooling, and ceiling fans for added comfort.

The rest of the home is located down the main central hallway, which includes three sizable bedrooms, each with built-in robes, a spacious bathroom, a separate WC, and a laundry.

Outside, a well-maintained backyard is both practical and functional. The storage shed provides additional room for belongings or garden tools, and the brick BBQ allows for fun family gatherings.

Alternatively, this home can be rebuilt with your dream home in mind and transformed into your own dream oasis. Situated on 554 square meters of land, your dreams are your only limits.

Features:
3 Bedrooms, two with built-in robes
1 Bathroom
Laundry
Separate WC
Open plan kitchen, meals and family
Tiled Benchtop
Single sink
Electric cooktop and oven
Ceiling Fans
Split system heating and cooling
Hardwood flooring throughout
Carpet in bedrooms
Roller blinds
Sun Blinds
Storage Shed
Single Carport

Location:
Nestled in the serene suburb of Ferntree Gully, 2/16 Margot Street offers the perfect blend of tranquility and convenience. Located just moments away from the bustling Westfield Knox and Mountain Gate Shopping Centre, this prime location ensures all your retail needs are met. The nearby Ferntree Gully Train Station provides easy access to the CBD and Belgrave, making commuting a breeze. Families will appreciate the proximity to reputable schools such as Ferntree Gully North Primary School, St. John the Baptist School, and Wattleview Primary School. Additionally, the beautiful Tim Neville Arboretum is just a short drive away, offering picturesque gardens and a peaceful environment for relaxation and recreation. This desirable address offers a lifestyle of comfort and accessibility in one of Melbourne's most sought-after locales.

Onsite Auction Saturday 27th of July at 4pm

Property History for 2/16 Margot St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$585,000
27 Jul 2024
Listed for Rent
$320/w
05 Sep 2016
  • 27 Jul 2024
    Sold for $585,000
  • 05 Jul 2024
    Listed for Sale Auction ($570,000 - $627,000)
  • 22 Aug 2016
    Listed for Rent $320 / 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, 548 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.