75 Wattletree RoadFerntree Gully VIC 3156
Property Details for 75 Wattletree Rd, Ferntree Gully
Last Listing description (January 2021)
This property covers a total area of 718 square meters.
The front is a milk bar business, and the back is a newly renovated three-bedroom, one-bathroom accommodation with fully set up kitchen and living room.
There are 5 parking spaces for guests at the front of the property. The milk bar business has a total of 12 years lease (4 terms of 3 years each), starting on September 30, 2019. The current rent is $650/week, and all outgoings are payable by milk bar tenant.
Close to Mountain Gate Plaza, Ferntree Plaza, Wattleview Primary School, Fairhills High School, St Joseph's College, Ferntree Gully Station, bus services, Ferntree Gully Bowling Club, Ferny Creek, Dandenong Ranges, Caribbean Markets and Burwood Highway.
This property is located on the corner of the street, which means unlimited development potential in the future.
Such a property is definitely an ideal choice for savvy investors
Property History for 75 Wattletree Rd, Ferntree Gully, VIC 3156
- 23 Oct 2020Listed for Sale $818,000
Recent sales nearby
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0About 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 13,792 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:
- The median value for Houses in Ferntree Gully is $971,735 while the median value for Units is $709,593.
- Houses have a median rent of $620 while Units have a median rent of $580.
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