3 Loretto Avenue, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

3 Loretto Avenue
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 877m2
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Property Details for 3 Loretto Ave, Ferntree Gully

3 Loretto Ave, Ferntree Gully is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 877m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Floor Size
144m2
Land Size
877m2
Local Government
Knox
Lot/Plan
649/LP53087

Last Listing description (May 2021)

Let's face it, the home on this block is well past its best and not worth worrying about. But with around 869m2 of land, this is clearly a prime development site and will be sold with approved plans and permits to build 2 new homes. And with the hardest and most time consuming part already done for you, this is a readymade development that can be settled, built and back on the market quickly. Position is key here with buses, Fairhills primary and secondary schools within walking distance and you can easily access the shopping, dining and entertainment of Knox City in minutes. A full copy of the plans is available by contacting our office.

On site auction Friday 31st January at 7:00pm.

To view the statement of information use the below link:

https://drive.google.com/drive/folders/1XkxkUQtlec8qy19doEhiq2BHL6KZphxr?usp=sharing

Property History for 3 Loretto Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$612,000
31 Jan 2020
  • 31 Jan 2020
    Sold for $612,000
  • 23 Dec 2019
    Listed for Sale Auction - ($600,000 - $660,000)
  • 14 Dec 1992
    Sold for $103,000
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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 13,792 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 32 properties listed for sale, and 22 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.