83 Glenfern Road, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

83 Glenfern Road
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 488m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 83 Glenfern Rd, Ferntree Gully

Building Type
Commercial
Land Size
488m2
Local Government
Knox
Lot/Plan
CP109727

Last Listing description (June 2023)

Appleby Commercial is pleased to offer 83 Glenfern Road, Ferntree Gully to the market for SALE or LEASE. This versatile property incorporates a double fronted retail space, large land component and a substantial double storey 5-bedroom residence to the rear.

Previously operating as a convenience store, the retail space benefits from a high-profile position with high volume passing traffic. The residence comprises a separate living space, kitchen overlooking meals area, 5 bedrooms all with built in robes and ensuite, private rear yard and lock up garage. An internal door provides direct access to the shop floor. The retail space and residence are offered for lease together.


The property is located within a popular neighbourhood shopping strip of 7 retail shops along Glenfern Road which is currently fully occupied and offers easy access to Burwood Highway and Ferntree Gully and Upper Ferntree Gully Stations.

Ideal for the astute owner-occupier to establish their business and live in the residence OR alternatively the investor/developer to LEASE the shop and house with potential redevelopment (STCA) in the future. Properties of this calibre hitting the market are far and few between and Appleby recommends all buyer groups to seriously consider the opportunities this property has to offer.

PROPERTY ATTRIBUTES:

Land Area: 486sqm approx.
Total Building Area: 353sqm approx.
Retail Area: 145sqm approx.
Zoning: Commercial 1
Prominent Position
Rear Laneway Access
Private Rear Yard
Lock Up Garage & Street Parking
Development Potential (STCA)
Freehold No Owners Corporation
SHOP and RESIDENCE AVAILABLE FOR LEASE
Will suit many uses (STCA)

Dont miss this great opportunity, for further information or to arrange an inspection for SALE OR LEASE please contact John Katselas on 0411 110 997.

Property History for 83 Glenfern Rd, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$885,000
29 May 2023
Listed for Rent
$767/w
02 Jun 2023
  • 29 May 2023
    Sold for $885,000
  • 19 Apr 2023
    Listed for Sale Contact Agent
  • 19 Apr 2023
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 41 properties listed for sale, and 11 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 534 properties were sold in the past 12 months in Ferntree gully.

Suburb Insights for Ferntree Gully 3156

Market Insights
Ferntree Gully Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ferntree Gully Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.