56 Commercial Road, Ferntree Gully, VIC 3156 sold on 08 July 2025 | OnTheHouse
SOLD
Sold on 08 Jul 2025 for $992,888

56 Commercial Road
Ferntree Gully VIC 3156

Bedrooms: 5
Bathrooms: 1
Car spaces: 3
Land area: 1243m2
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Property Details for 56 Commercial Rd, Ferntree Gully

56 Commercial Rd, Ferntree Gully is a 5 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1243m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in Ferntree Gully in the last 12 months.

Building Type
House
Land Size
1243m2

Last Listing description (July 2025)

FIXED DATE SALE CLOSING TUESDAY 8th JULY (unless sold prior)

Welcome to 56 Commercial Road, Ferntree Gully - where endless possibilities present on this beautiful level 1243sqm approx. allotment. Perfect for potential subdivision of 4 townhouses or keep existing dwelling and build in the back (all STCA) or room to extend on this single level 5 bedroom residence.

Currently with a fixed term tenancy at $650 per week the existing home has been lovingly maintained by the one owner. The original dwelling consists of 5 bedrooms, serviced by the master bathroom, large living and dining room, centrally located kitchen with adjoining meals area and offers the comforts of heating and cooling. With double and single carport and an abundance of off street parking available behind the privacy of the front fence, this property has a lot on offer!

Conveniently situated within walking distance to Mountain Gate Shopping Centre, Wattle View Primary and buses, near Fairhills High School, Boronia Junction, Westfield Knox, Ferntree Gully Train Station and EastLink Freeway.

Property History for 56 Commercial Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$992,888
08 Jul 2025
  • 08 Jul 2025
    Sold for $992,888
  • 11 Jun 2025
    Listed for Sale Fixed Date Sale ($890,000 - $979,000)
  • 22 Aug 2024
    Listed for Rent $650 / week
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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 13,793 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 42 properties listed for sale, and 19 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 531 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

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Janine Rule
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Stockdale & Leggo 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.