24 Craig Avenue, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
FOR SALE

24 Craig Avenue
Ferntree Gully VIC 3156

Bedrooms: 8
Bathrooms: 5
Car spaces: -
Floor area: 242m2
Land area: 1011m2
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Property Details for 24 Craig Ave, Ferntree Gully

24 Craig Ave, Ferntree Gully is a 8 bedroom, 5 bathroom House and was built in 1978. The property has a land size of 1011m2 and floor size of 242m2.This Property is currently listed for sale with Ray White Ferntree Gully

Building Type
House
Year Built
1978
Floor Size
242m2
Land Size
1011m2
Local Government
Knox
Lot/Plan
17/LP8260

Last Listing description (January 2026)

Calling all property investors! Resting on a generous 1003 sq m approx. block, this exceptionally large home offers astute investors a unique and exciting rental income opportunity. Located in a fabulous location just a short stroll to shops, cafs and trains, all your lifestyle amenities are within easy reach, with glorious mountain views on offer every time you step outside the front door. Inside the outstanding dimensions of the floor plan offer abundant accommodation, including eight bedrooms (two with ensuites) plus a further two bathrooms. Dual kitchens offer valuable flexibility, with one located on each level for convenience, with the ground floor kitchen and adjoined dining domain opening out through sliding doors to a sun-splashed deck and lawn. With immense potential and an incredibly versatile floor plan, this property is an investment goldmine that is not to be missed.

THE FEATURES
Large eight-bedroom, four-bathroom home

Immense potential for fantastic returns as a rental property investment
Already hosting 5 tenants and ready for immediate income
Two bedrooms completed by ensuites
Dual kitchens, one located on each level
Ground floor kitchen & dining opens out to deck
Expansive 1003 sq m approx. block
Fantastic location just a stroll to shops & trains

THE LOCATION
Ideally placed in the leafy foothills with shopping, cafs and dining at Hillview and Ferntree Gully Village, plus Ferntree Gully Station, Wally Tew Reserve and the Ferny Creek Trail only a pleasant walk away.

On Site Auction Saturday 31st of January at 12pm

Property History for 24 Craig Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$687,000
29 Mar 2019
  • 23 Dec 2025
    Listed for Sale Auction ($800,000 - $880,000)
  • 30 Apr 2025
    Listed for Sale Private Sale ($800,000 - $850,000)
  • 29 Jul 2024
    Listed for Sale Private Sale ($800,000 - $850,000)
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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.
There are currently 43 properties listed for sale, and 16 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 533 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.