2/28 Francis CrescentFerntree Gully VIC 3156
Property Details for 2/28 Francis Cres, Ferntree Gully
2/28 Francis Cres, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 455m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (August 2022)
This rare opportunity does not happen very often 945m2 approx. on 2 titles is waiting for the right developer.
The rear unit is clean and tidy and an instant rental return.
The Californian Bungalow at the front of the property is in need of some repair and renovation and is divided into 2 units, both currently rented an a month to month basis. This property is returning $3,056.00 per calendar month rental.
For more information or to organise a private inspection, please contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au
Property History for 2/28 Francis Cres, Ferntree Gully, VIC 3156
- 02 Aug 2022Sold for $430,000
- 20 Jul 2022Listed for Sale $850,000- $900,000
- 09 Feb 2021Listed for Rent $210 / week
Recent sales nearby
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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 13,793 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.85% increase in median value, while Units have seen a 21.12% increase. As at 31 December 2025:
- The median value for Houses in Ferntree Gully is $948,380 while the median value for Units is $699,554.
- Houses have a median rent of $620 while Units have a median rent of $580.
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