957 Burwood HighwayFerntree Gully VIC 3156
Property Details for 957 Burwood Hwy, Ferntree Gully
957 Burwood Hwy, Ferntree Gully is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 976m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (October 2021)
Conveniently located near to major retailers, public transport and recreation options, this versatile property sits atop a generous parcel of approximately 985 sqm.
Currently used as a rooming house, the dwelling comprises five bedrooms, a central kitchen / meals area, covered pergola and generously proportioned bungalow. Disabled access is via the wheelchair ramp at the front and the bathroom is also wheelchair friendly.
There is off street parking for a number of vehicles with the potential to provide vehicle access to the rear of the block. The property is ripe for renovation or reconfiguration, with options including 7 bed mini apartments, knock down and rebuild or further development (STCA).
Given the excellent location, improvements to the property should render a handsome return.
Property History for 957 Burwood Hwy, Ferntree Gully, VIC 3156
- 06 Oct 2021Sold for $730,000
- 02 Jul 2021Listed for Sale $700,000 - $770,000
- 04 Jul 2011Sold for $340,150
Recent sales nearby
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About Ferntree Gully 3156
The size of Ferntree Gully is approximately 14.0 square kilometres. There are 45 parks, covering nearly 8.8% of the 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 13,808 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 2.93% increase in median value, while Units have seen a 7.75% increase. As at 31 August 2026:
- The median value for Houses in Ferntree Gully is $881,770 while the median value for Units is $686,569.
- Houses have a median rent of $640 while Units have a median rent of $600.
Suburb Insights for Ferntree Gully 3156
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