2/40 Mcmahons Road, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

2/40 Mcmahons Road
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 204m2
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Property Details for 2/40 Mcmahons Rd, Ferntree Gully

2/40 Mcmahons Rd, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 204m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2007
Floor Size
99m2
Land Size
204m2
Local Government
Knox
Lot/Plan
2/PS518454

Last Listing description (August 2020)

CLOSING DATE SALE - Offers close 5.00pm Saturday June 20

Rarely do we come across accommodation that offers so much and would suit so many buyer audiences. If location, low maintenance and comfortable modern living is essential then look no further!

The property has recently been fully refurbished and includes all the comfort items anybody could possibly ask for. Offering a fabulous floor plan, open plan living drenched in afternoon sun that also promotes indoor/outdoor integration which is what we all are after in the modern day. Tiled living areas, fully equipped kitchen with ample bench space, gas cooking and a dishwasher. Huge master bedroom and large second both with built in robes. The central bathroom has had a full makeover, floor to ceiling tiles, bath, shower and modern tap fittings. There are added comfort items such as gas ducted heating throughout and split system air conditioners.

The unit is situated on a generous 219 (Approx.) square metres of land which provides space for a medium size pet, room for a gardener to potter around and of course to have family and friends over to entertain. You probably didn't think there could be more to offer however there is, a remote double garage, rarely seen in modern day developments!

Central Ferntree Gully locations speak for themselves. Local buses out the front door, railway just down the road, freeway access, local shops, cafes, shopping centres, a number of popular schools and a long list of open green spaces in the very near vicinity.

This is the lifestyle opportunity you have been waiting for!

Private inspections welcomed, contact Julien on 0417 332 442 to arrange a suitable time.

Property History for 2/40 Mcmahons Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$585,800
03 Jun 2020
Listed for Rent
$420/w
20 May 2020
  • 05 Aug 2020
    Listed for Sale Sold
  • 03 Jun 2020
    Sold for $585,800
  • 20 May 2020
    Listed for Sale UNDER CONTRACT
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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 34.14% increase in median value, while Units have seen a 23.86% increase. As at 30 November 2025:

  • The median value for Houses in Ferntree Gully is $971,735 while the median value for Units is $709,593.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 36 properties listed for sale, and 21 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 511 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.