3 Norvel Road, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
 
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3 Norvel Road
Ferntree Gully VIC 3156

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 210m2
Land area: 725m2
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Property Details for 3 Norvel Rd, Ferntree Gully

Building Type
Land
Year Built
1996
Floor Size
210m2
Land Size
725m2
Local Government
Knox
Lot/Plan
2/PS330517

Last Listing description (October 2016)

A neat front garden welcomes you to this modern family home. Spacious living areas with separate lounge for private entertaining and a family room that opens on to a large decking area, bringing the outdoors inside. Modern kitchen equipped with stainless steel appliances. Three bedrooms with built in robes, master with walk in robe and ensuite. Other features include large family bathroom, two studies, ducted heating and split system cooling. Private backyard with well-kept gardens and cubby house for the kids. Double garage and off street parking for two cars. Conveniently located to primary and secondary schools, public transport, cycling trails and Westfield Knox City shopping centre. (Please note second wall oven not in use and wall mounted eco ethanol fireplace is not available to the successful tenant/s.)

Property History for 3 Norvel Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Transferred
23 Sep 2016
Listed for Rent
$550/w
03 Oct 2016
  • 23 Sep 2016
    Transferred
  • 08 Sep 2016
    Listed for Rent $550 / week
  • 04 Apr 2000
    Sold for $230,000
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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 16.49% increase in median value, while Units have seen a 19.83% increase. As at 31 March 2026:

  • The median value for Houses in Ferntree Gully is $939,232 while the median value for Units is $715,214.
  • Houses have a median rent of $630 while Units have a median rent of $583.
There are currently 32 properties listed for sale, and 21 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in Ferntree gully.

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