58 Olivebank Road, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

58 Olivebank Road
Ferntree Gully VIC 3156

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 254m2
Land area: 2220m2
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Property Details for 58 Olivebank Rd, Ferntree Gully

58 Olivebank Rd, Ferntree Gully is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 2220m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1980
Floor Size
254m2
Land Size
2220m2
Local Government
Knox
Lot/Plan
1/LP96978

Last Listing description (November 2023)

Embrace a life of serene space on the fringe of the spectacular Dandenong Ranges National Park and enjoy the CBD views with this private half acre approx. semi-rural retreat within arm's reach of premium amenities. Enriched by its long-standing owners, it showcases a sprawling floorplan complemented by landscaped grounds and lush green vistas at every turn.

Set atop a long-sealed driveway that supplies abundant off-street parking, its commanding brick faade will instantly impress; luring you into a warm and welcoming residence. Inspired by its natural landscape and views that are beyond compare, it showcases two levels of well-defined living.
Dual access into the house is supplied via the oversized double garage complete with a workshop area and storerooms.

Downstairs, a light-filled family room is flanked by a formal dining room that flows into the main living space. The kitchen is well laid out and overlooks the beautiful rear gardens. There is a massive family room can be used as a 5th bedroom if desired. A bathroom, huge laundry and study/living round out the bottom level.

Upstairs, there are four excellent sized bedrooms. The master containing an en-suite and walk-in wardrobe; whilst the remaining three bedrooms, all with built-in robes, are serviced by the main family bathroom. The master bedroom and one other bedroom enjoy amazing CBD views!
Keep the existing home or renovate and create your own dream home right at the foothills of the gorgeous Dandenong Ranges.

Located close to all amenities including Ferntree Gully North Primary, Ferntree Gully Village, shops and cafes, Ferntree Gully Train Station, 1000 steps Kokoda Memorial Walk and a number of parks, reserves and other walking trails.

On Site Auction Saturday 12th of August at 9:30am

Property History for 58 Olivebank Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$1,280,000
12 Aug 2023
Listed for Rent
$550/w
16 Oct 2020
  • 12 Aug 2023
    Sold for $1,280,000
  • 20 Jul 2023
    Listed for Sale Auction ($1,175,000 - $1,275,000)
  • 16 Oct 2020
    Listed for Rent - Price not available
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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 13,807 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 4.94% increase in median value, while Units have seen a 10.32% increase. As at 31 July 2026:

  • The median value for Houses in Ferntree Gully is $888,400 while the median value for Units is $690,736.
  • Houses have a median rent of $640 while Units have a median rent of $600.
There are currently 40 properties listed for sale, and 18 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 505 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.