78 Loretto AvenueFerntree Gully VIC 3156
Property Details for 78 Loretto Ave, Ferntree Gully
78 Loretto Ave, Ferntree Gully is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 724m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Ferntree Gully in the last 12 months.
Last Listing description (May 2025)
Welcome to 78 Loretto Avenue, a charming three-bedroom, two-bathroom residence set on a generous 724 sqm (approx.) block in one of Ferntree Gully's most desirable pockets. Rich in original character with hardwood timber floors and fresh paint throughout it is brimming with potential, this is more than just a home, it's an opportunity waiting to be unlocked.
With its spacious living areas and well-proportioned layout, the existing home is ideal for first-home buyers, renovators, or families looking to knockdown and personalise their dream home. But for those with an eye for development, the real value lies in the land.
Whether you choose to:
• Pursue a side-by-side dual occupancy redevelopment
• Or knockdown and rebuild your dream home (STCA)
…the options are truly exciting. With a wide frontage and flat terrain, this property presents a prime canvas for transformation, perfect for multi-generational living or a high-yield investment.
Located in a peaceful, family-friendly pocket, enjoy easy access to top-rated schools including Fairhills Primary, Wattle View Primary, and Kent Park Primary. Embrace the outdoors at nearby Norvel Reserve, Burke Road Reserve, or the scenic Tim Neville Arboretum. Mountain Gate Shopping Centre is just around the corner, and nature lovers will appreciate the close proximity to Blind Creek Billabong and the breathtaking Dandenong Ranges.
Key Features:
• 724 sqm (approx.) flat block with excellent frontage
• Existing 3-bed, 2-bath home with strong bones
• Prime candidate for renovation, dual occupancy, or redevelopment (STCA)
• Family-friendly location near schools, parks, shops, and transport
This is more than just a property; it's a platform for your vision. Whether you're creating a forever family home, investing in your future, or developing for dual income, 78 Loretto Avenue offers unmatched potential in an unbeatable location.
Secure your slice of Ferntree Gully's future before someone else does.
Property History for 78 Loretto Ave, Ferntree Gully, VIC 3156
- 31 May 2025Sold for $845,000
- 06 May 2025Listed for Sale Not Disclosed
- 13 Jun 2019Listed for Rent - Price not available
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 13,796 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.
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