7/55 Albert Street, Upper Ferntree Gully, VIC 3156 | Property Value & History | OnTheHouse
OFF MARKET

7/55 Albert Street
Upper Ferntree Gully VIC 3156

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 240m2
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Property Details for 7/55 Albert St, Upper Ferntree Gully

7/55 Albert St, Upper Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 240m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1996
Floor Size
107m2
Land Size
240m2
Local Government
Knox
Lot/Plan
7/SP30996

Last Listing description (September 2024)

Situated in the heart of Upper Ferntree Gully, this modernized unit presents an ideal opportunity for first home buyers and downsizers seeking a place to truly call home. With stunning views of the Dandenong Ranges and a prime location, this home offers everything you need to live a serene lifestyle.

As you enter the home, step into a spacious living room that exudes warmth and comfort. Through the door located to the left, you'll find two generously sized bedrooms, both equipped with built-in robes, the main bathroom and a renovated laundry, showcasing a stunning wooden benchtop, a sleek black sink, and stylish black fixtures, enhancing the home's modern appeal and functionality.

The living room flows effortlessly into the open-plan kitchen and meals area. The recently renovated kitchen boasts white cabinetry that is complemented by the stylish glass splashback and features a sizable pantry, and quality appliances, including a gas cooktop and an electric oven. This area extends seamlessly to the decking that overlooks the Dandenong Ranges and leads to the spacious backyard, perfect for outdoor enjoyment.

Additional features of this home include ducted heating, split system heating and cooling unit in living, new flooring (carpet, floating timber floorboards), front verandah, storage garden shed and single car garage.

Features:
2 Bedrooms with Built-in Robes
1 Bathroom
Separate Toilet
Open Plan Kitchen and Meals
Gas Cooktop
Electric Oven
Spacious Living
Laundry
Ducted Heating
Split System Heating and Cooling Unit
New Flooring (Carpet, Tiles, Floating Timber Floorboards)
Blinds Throughout
Front Verandah
Decking
Storage Garden Shed
Single Car Garage

Location:
This home is ideally situated offering easy access to a variety of amenities. Nearby primary schools include Upper Ferntree Gully Primary School, St. John the Baptist School, and Ferntree Gully North Primary School. For older students, the area is served by Upwey High School, St. Joseph's College, Fairhills High School, and Mater Christi College. Shopping needs can be met at the nearby Ferntree Plaza, Mountain Gate Shopping Centre and Westfield Knox Shopping Centre. Surrounded by an array of parklands for you to enjoy include Talaskia Reserve, Gilmour Park and Dandenong Ranges National Park. The closest train station, Upper Ferntree Gully Station, provides convenient public transport options and direct access into Melbourne's CBD.

Onsite Auction Saturday 6th of July at 2pm

Property History for 7/55 Albert St, Upper Ferntree Gully, VIC 3156

A timeline of how this property has performed in the market
Last Sold
$666,500
06 Jul 2024
Listed for Rent
$275/w
22 Jun 2011
  • 06 Jul 2024
    Sold for $666,500
  • 11 Jun 2024
    Listed for Sale Auction ($575,000 - $630,000)
  • 03 Feb 2017
    Sold for $440,000
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About Upper Ferntree Gully 3156

The size of Upper Ferntree Gully is approximately 3.6 square kilometres. It has 6 parks covering nearly 8.9% of total area. The population of Upper Ferntree Gully in 2016 was 3416 people. By 2021 the population was 3417 showing a population growth of 0.0% in the area during that time. The predominant age group in Upper Ferntree Gully is 50-59 years. Households in Upper Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Ferntree Gully work in a professional occupation.In 2021, 84.30% of the homes in Upper Ferntree Gully were owner-occupied compared with 84.40% in 2016.

Upper Ferntree Gully has 1,544 properties. Over the last 5 years, Houses in Upper Ferntree Gully have seen a 32.70% increase in median value, while Units have seen a 17.90% increase. As at 30 November 2025:

  • The median value for Houses in Upper Ferntree Gully is $982,200 while the median value for Units is $645,159.
  • Houses have a median rent of $620 while Units have a median rent of $388.
There are currently 11 properties listed for sale, and 1 property listed for rent in Upper ferntree gully on OnTheHouse. According to Cotality's data, 51 properties were sold in the past 12 months in Upper ferntree gully.

Suburb Insights for Upper 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.