46 Elton Rd, Ferntree Gully is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 740m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom House sold in Ferntree Gully in the last 12 months.
Positioned in a sought after residential area, this rare offering at 46 Elton Road, Ferntree Gully, presents an exciting opportunity for homeowners, developers, and investors alike. Set on a generous approx. 740sqm block, the true value of this property lies not only in its affordability but in its exceptional potential for future development (STCA) - whether that's a brand-new home, dual occupancy, or a multi-unit project.
The existing home provides solid foundations, featuring one living area, well-sized bedrooms, a massive four-car garage with its own power switch, and ample yard space. Renovate, rebuild, or redevelop - the options here are as broad as your vision.
Located in one of Ferntree Gully's most sought-after family-oriented neighbourhoods, you're surrounded by schools, childcare, shopping centres, golf courses, parks, and public transport. The blend of lifestyle convenience and long-term growth makes this an opportunity that won't last.
Opportunities like this are rare - secure your future today and capitalise on the enormous potential this land-rich property has to offer.
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 13,791 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 22.21% increase in median value, while Units have seen a 21.96% increase. As at 28 February 2026:
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