24 Craig Ave, Ferntree Gully is a 8 bedroom, 5 bathroom House. The property has a land size of 1011m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 8 bedroom House sold in Ferntree Gully in the last 12 months.
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, cafés 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
THE LOCATION
Ideally placed in the leafy foothills with shopping, cafés 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
The size of Ferntree Gully is approximately 14.0 square kilometres. There are 45 parks, covering nearly 8.8% of the 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 13,779 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 9.36% increase in median value, while Units have seen a 14.51% increase. As at 31 May 2026:
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