83 Station Street, Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

83 Station Street
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 100m2
Land area: 143m2
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Property Details for 83 Station St, Ferntree Gully

Building Type
Commercial
Floor Size
100m2
Land Size
143m2
Local Government
Knox
Lot/Plan
1/LP33703

Last Listing description (March 2022)

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction Hybrid, both On Site and Online, this versatile retail / professional services premises which is located in a bustling shopping village directly across from Ferntree Gully train station.

Total Building Area is 103sqm *. The property offers toilet and bathroom facilities as well as a staff break or store room. Features include air conditioning, wide display windows and plenty of customer parking nearby.

There is potential to add a second storey to the property, thereby significantly enhancing return on investment. ^ The current long-term tenant has recently signed a lease for another three (3) years.

Property features include:-

- Total Building Area 103sqm *
- Total Land Area 143 sqm *
- Freehold - No owners corporation
- Fixed Annual Increases 4%
- 6.8m* Shopfront

To arrange an inspection or for further information, please contact Paul Waterhouse.

* Approx.
^ Subject to council approval

Property History for 83 Station St, Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$465,000
01 Mar 2022
Listed for Rent
$383/w
13 Feb 2017
  • 01 Mar 2022
    Sold for $465,000
  • 01 Feb 2022
    Listed for Sale Auction
  • 16 Nov 2016
    Listed for Rent $180,000 / year
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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 13,792 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.
There are currently 36 properties listed for sale, and 20 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 522 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.