53 Westley Street, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
 
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53 Westley Street
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 733m2
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Last updated 19 Jan 2026
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Property Details for 53 Westley St, Ferntree Gully

53 Westley St, Ferntree Gully is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 733m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1970
Floor Size
108m2
Land Size
733m2
Local Government
Knox
Lot/Plan
1/TP644623

Last Listing description (July 2022)

The smart developer could expand this to a Townhouse Development (STCA) and further capitalise on the perfect location enjoying an oversized frontage to Westley Street (perfect rectangular flat block).
Exceptional investment potential to explore a range of options including the design and construction of multiple townhouses, retain and redevelop the existing home and build a second dwelling to the rear or 1 or 2 luxury new homes (STCA) or side by side Townhouses with their own street address (STCA).
Current house is tidy, rentable and with good bones. With a huge backyard, in a highly sort after rental location. Vendors are offering to rent back the home at a commerical agreed rent for 6 months whilst your plans and permits are being approved!

Ferntree Gully's appeal is obvious in the foothills of the Dandenong Ranges. Clear mountain views will be available from future development of this site. This location is an easy distance to the train station, shops and cafes as well as Knox Shopping Centre, walking distance to Mountain Gate Shopping centre. Wattle View Primary and Fairhills Secondary Schools in your area. All the convenience of a great suburban location with the benefits the Hills lifestyle and just 8 minutes' drive to 1,000 steps walking track.
Primed for a prosperous development future on an outstanding 880 sqm, presents the perfect opportunity for renovators, investors or developers seeking a multi-unit or new home site (STCA), Lease out while plans and permits are obtained or enjoy the investment now and develop later.
The substantial land dimensions of this block with a wide frontage presents an unmissable chance to start over and create your dream home or develop multiple luxury townhouses (STCA).

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Property History for 53 Westley St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$870,000
18 May 2022
  • 18 May 2022
    Sold for $870,000
  • 28 Mar 2022
    Listed for Sale OWNER ASKING $880,000
  • 19 Sep 1998
    Sold for $100,000
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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 13,794 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.85% increase in median value, while Units have seen a 21.12% increase. As at 31 December 2025:

  • The median value for Houses in Ferntree Gully is $948,380 while the median value for Units is $699,554.
  • Houses have a median rent of $620 while Units have a median rent of $580.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 533 properties were sold in the past 12 months in Ferntree gully.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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