79 Mountain Gate Drive, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

79 Mountain Gate Drive
Ferntree Gully VIC 3156

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 132m2
Land area: 720m2
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Property Details for 79 Mountain Gate Dr, Ferntree Gully

79 Mountain Gate Dr, Ferntree Gully is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 720m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1970
Floor Size
132m2
Land Size
720m2
Local Government
Knox
Lot/Plan
930/LP55438

Last Listing description (December 2023)

Nestled in the heart of convenience, this remarkable property is set to go under the hammer, presenting an unmissable opportunity for first-time homebuyers, astute investors, and visionary developers. With its enviable location, generous 721sqm corner block, and a host of features, this is a chance to secure your future.

Situated within walking distance to the Mountain Gate Shopping Centre, Mountain Gate Primary School, and with bus transport right at your doorstep, convenience is at your beck and call. Everything you need is just a stone's throw away!

With subdivision potential (STCA), you have the opportunity to unlock even more value and create something truly special.

The main residence boasts 3 bedrooms and 1 renovated bathroom, a spacious lounge/dining room, and an additional separate family room, perfect for quality family time and entertaining. The kitchen overlooks a covered pergola area, leading to a generously sized backyard where memories will be made.

In addition to the main residence, there's a studio with its own ensuite and kitchen, providing a versatile space for extended family, guests, or even as a potential rental income source.

Enjoy the added benefits of an oversized double garage, providing ample space for vehicles and storage. Security roller shutters offer peace of mind, while ducted heating and split system air conditioning ensure year-round comfort.

Photo ID required at all open inspections.

Property History for 79 Mountain Gate Dr, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$930,000
04 Nov 2023
  • 04 Nov 2023
    Sold for $930,000
  • 25 Sep 2023
    Listed for Sale SOLD under the hammer by RAY WHITE BURWOOD
  • 23 Feb 2017
    Sold for $695,000
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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 22.21% increase in median value, while Units have seen a 21.96% increase. As at 28 February 2026:

  • The median value for Houses in Ferntree Gully is $952,662 while the median value for Units is $712,854.
  • Houses have a median rent of $625 while Units have a median rent of $590.
There are currently 31 properties listed for sale, and 24 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 555 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.