48 Loretto Ave, Ferntree Gully is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 828m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Situated on an expansive 821 sqm (approx.) block, this original character home offers a prime opportunity with unlimited potential to renovate and create your dream residence. Ideal for first home buyers, investors, or developers seeking their next project, this property is a gem waiting to be polished.
Entering through the front verandah, perfect for savoring your morning coffee, you are greeted by a generously sized family and living area adorned with wood paneling, creating a cozy and inviting atmosphere. This space seamlessly flows into the kitchen and meals area, showcasing black benchtops complemented by ample white cabinetry. The kitchen is equipped with quality appliances, including a gas cooktop, electric oven, and dishwasher.
To the left of the living area, you'll find the master bedroom, complete with a walk-in wardrobe and an ensuite featuring double vanities. On the right side of the living area are two additional bedrooms and the main bathroom that services the rest of the home.
Stepping outside, you'll discover a spacious pergola, perfect for outdoor living and relaxation, overlooking the expansive backyard. This outdoor space offers endless possibilities for entertaining, gardening, or simply enjoying the surroundings. Additional features include, a laundry, ceiling fans, split system heating and cooling units in every room and main areas, floating floorboards and tile flooring, curtains throughout, rooftop solar panels, and a double car garage.
Features:
821 Sqm Approx Block
3 Bedrooms
2 Bathrooms
Kitchen and Meals
Gas Cooktop
Electric Oven
Dishwasher
Living
Laundry
Ceiling Fans
Split System Heating and Cooling
Floating Floorboards and Tile Flooring
Curtains Throughout
Front Verandah
Rooftop Solar Panels
Pergola
Double Car Garage
Location:
48 Loretto Avenue, Ferntree Gully, is ideally located close to all amenities to live a comfortable lifestyle. The area is well-served by educational options, with nearby childcare which is Magic Garden Childcare, primary schools including Wattle View Primary School, Ferntree Gully North Primary School, Fairhills Primary and Mountain Gate Primary School. For secondary education, students have access to Ferntree Gully Secondary College, Fairhills High School, St. Joseph's College and Mater Christi. Shopping needs are conveniently met with Mountain Gate Shopping Centre and Westfield Knox Shopping Centre just a short drive away. The closest train station is Ferntree Gully Station, providing direct access to Melbourne's CBD however, Bayswater train station is nearby with additional walking access to bus routes taking you to Glen Waverley and Bayswater. For those who enjoy outdoor activities, Fairpark Reserve, Norvel Reserve and Tim Neville Arboretum offer beautiful green spaces for relaxation and recreation.
On Site Auction Saturday 24th of August at 10am
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:
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