5/1-3 Shannon Avenue, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

5/1-3 Shannon Avenue
Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 235m2
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Last updated 31 Aug 2026
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Property Details for 5/1-3 Shannon Ave, Ferntree Gully

5/1-3 Shannon Ave, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 235m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
Unit
Year Built
1990
Floor Size
98m2
Land Size
235m2
Local Government
Knox
Lot/Plan
5/PS413339

Last Listing description (November 2025)

This well-presented brick home in Ferntree Gully delivers comfortable living with generous proportions throughout. The thoughtfully designed open-plan layout showcases a spacious lounge room, contemporary kitchen, and separate meals area that opens seamlessly to a private paved courtyard - ideal for relaxing or entertaining. Two well-sized bedrooms feature built-in robes, while the central bathroom offers both bath and separate shower for convenience. A double garage provides secure parking. Positioned in a quiet location yet within easy walking distance to transport and local amenities, this property presents an excellent opportunity for first home buyers stepping into the market, downsizers seeking low-maintenance living, or investors looking for a reliable addition to their portfolio.Property Features Two spacious bedrooms both with built-in robes Entertainer's kitchen with gas cooking and electric self cleaning pyrolytic oven Separate sunlit lounge room Meals and family area flowing to outdoor courtyard Generous outdoor courtyard - perfect for entertaining and hosting BBQs Double garage with remote roller door Gas ducted heating and split system cooling LED lighting throughout Laundry with external accessLocation Tim Neville Arboretum - 250m Ferntree Gully Station - 950m Ferntree Gully Shopping Village - 950m Woolworths Ferntree Gully - 2km Aldi Ferntree Gully - 2.2km St John The Baptist Primary - 1.7km St Josephs College - 2km Ferntree Gully North Primary - 2.2km Westfield Knox Shopping - 5.4kmDisclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Distance calculations are based on Google Maps data. Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 5/1-3 Shannon Ave, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$710,000
20 Aug 2025
  • 20 Aug 2025
    Sold for $710,000
  • 14 Aug 2025
    Listed for Sale $600,000 - $660,000
  • 02 Mar 2016
    Sold for $445,000
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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 13,792 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 2.93% increase in median value, while Units have seen a 7.75% increase. As at 31 August 2026:

  • The median value for Houses in Ferntree Gully is $881,770 while the median value for Units is $686,569.
  • Houses have a median rent of $640 while Units have a median rent of $600.
There are currently 49 properties listed for sale, and 18 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 476 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.