4/23 Commercial Road, Ferntree Gully, VIC 3156 sold on 07 June 2025 | OnTheHouse
SOLD
Sold on 07 Jun 2025 for $850,000

4/23 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 261m2
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Property Details for 4/23 Commercial Rd, Ferntree Gully

4/23 Commercial Rd, Ferntree Gully is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 261m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
261m2

Last Listing description (June 2025)

Tucked privately at the rear of an exclusive group of just four homes, 4/23 Commercial Road in Ferntree Gully is a stylish and thoughtfully designed residence that promises an easy, low-maintenance lifestyle in one of the area's most convenient locations. This modern three-bedroom, two-bathroom home is the perfect choice for downsizers, first-home buyers or savvy investors seeking contemporary comfort with quality finishes and smart, functional design.

As you step inside, a wide entryway welcomes you into a home that feels both spacious and inviting. The open-plan layout brings together the kitchen, meals and family areas in a way that encourages effortless living and entertaining. At the heart of it all is a sleek stone kitchen with a stunning waterfall-edge island bench, offering ample prep space and casual dining. A combination of Bellissimo gas and electric cooktops caters to the home chef, while a matching Bellissimo dishwasher makes clean-up a breeze. Whether you're cooking for the family or hosting friends, the kitchen's design and quality appliances elevate every occasion.

The home's three bedrooms include a master suite complete with its own ensuite and walk-in robe, while the remaining two bedrooms are serviced by a stylish central bathroom and a separate toilet. Each space has been thoughtfully appointed with block-out and sheer blinds, adding both privacy and softness to the interiors. Ducted heating and evaporative cooling provide year-round climate control, and LED downlights contribute to the fresh, contemporary ambiance throughout.

Stepping outside, this property continues to impress with not just one but two private backyard areas. Whether you're entertaining under the covered pergola, enjoying a morning coffee on the front porch, or simply soaking up the sun in your garden, the outdoor space is peaceful, practical and beautifully low-maintenance. A water tank supports garden upkeep and sustainability, while the double garage with internal access offers secure parking and additional storage options.

Positioned at the very back of the block for maximum privacy and quiet, this home feels like a private retreat while still offering immediate access to everyday conveniences. It's the perfect lock-and-leave option or a serene setting for those who want modern comfort without the high maintenance.

Features:
• 3 spacious bedrooms
• 2 bathrooms, including master ensuite
• Master bedroom with walk-in robe
• Separate WC and full laundry
• Open-plan kitchen, meals and family area
• Stone benchtops with waterfall island bench
• Bellissimo gas cooktop and dishwasher
• LED downlights throughout
• Ducted heating and evaporative cooling
• Block-out and sheer blinds
• Two private backyard areas
• Covered pergola and front porch
• Low maintenance landscaping
• Two-car remote garage with internal access
• Water tank for garden use
• Rear unit in a boutique group of four
• Walking distance to Mountain Gate Shopping Centre and Pickett Reserve

Location:
Located in a walkable and central pocket of Ferntree Gully, 4/23 Commercial Road places you just moments from Mountain Gate Shopping Centre, where you'll find cafes, supermarkets, medical services and everyday essentials. You can stroll to Pickett Reserve for weekend sport or daily exercise, while Ferntree Gully Village and Ferntree Gully Station are also just a short drive or bus ride away, offering easy access to rail connections, eateries and boutique shopping. Whether you're commuting or staying local, the position is perfectly suited for a connected and convenient lifestyle.

On Site Auction Saturday 7th of June at 12pm

Property History for 4/23 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$850,000
07 Jun 2025
Listed for Rent
$550/w
06 Mar 2023
  • 07 Jun 2025
    Sold for $850,000
  • 14 May 2025
    Listed for Sale Auction ($650,000 - $715,000)
  • 21 Feb 2023
    Listed for Rent - Price not available
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About Ferntree Gully 3156

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 13,777 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 12.49% increase in median value, while Units have seen a 18.28% increase. As at 30 April 2026:

  • The median value for Houses in Ferntree Gully is $926,473 while the median value for Units is $715,009.
  • Houses have a median rent of $630 while Units have a median rent of $595.
There are currently 37 properties listed for sale, and 21 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 520 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Tim Milaki
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Matt Morris
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Ray White Ferntree Gully
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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.