201/38 Station St, Ferntree Gully is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 1117m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Perfect for downsizers, first home buyers or investors who crave a penthouse lifestyle but don't want the hustle and bustle of living in the city, this impressive top floor apartment in the very heart of the Ferntree Gully Village is a perfect alternative. As the premier apartment in this popular complex it boasts unmatched views over the village to Mt Dandenong that are always in view from the open living/dining area that steps out to a massive tiled entertaining terrace. The kitchen is a delight for the keen cook with stone benches, glass splash backs, stainless cooking appliances and a dishwasher. There are 3 robed bedrooms including 2 that step out to their own balcony and the master that has a full ensuite to match the family bathroom. A split system air conditioner also features plus you have 2 parking spaces and a storage locker in the secure garage as well as building features including lift access to all levels. A great lifestyle awaits with local shops, cafes and Ferntree Gully train station at your immediate disposal.
Prime investment opportunity - Currently tenanted at $1740pcm - Tenant willing to stay on.
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 13,796 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:
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