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VIC › Ferntree Gully › Joan Ave

23 Joan Ave, Ferntree Gully VIC 3156

House

$1,850,000

Last sold

24 Apr 2024

5

Bedrooms

3

Bathrooms

3

Car spaces

1,747 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,850,000 (24 Apr 2024).(Recorded sale)
  • FactLand 1,747 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ferntree Gully (last 5 years) with land size: median $1,231/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned LOW DENSITY RESIDENTIAL ZONE (LDRZ) under the ZN.(Vicmap Planning · 30 Aug 2026)

What could make it worth less?

  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 30 Aug 2026)

What should you verify next?

  1. 1SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  4. 4BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  5. 5No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,850,000

24 Apr 2024 · derived via latest_sale

Local land rate: recorded House sales in Ferntree Gully (last 5 years) with land size have a median of $1,231/m² of land (n=50). Districts calculation from recorded sales — not a valuation.

Ferntree Gully at a glance

28,311

People

$884,000

Median sale

$576/wk

Median rent

3.39%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Ferntree Gully report →

Vs Ferntree Gully

+109.3%

Median sale

Suburb $884,000

-1.77 pp

Gross yield

Suburb 3.39%

Suburb median $884,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

LOW DENSITY RESIDENTIAL ZONE

LDRZ

Jurisdiction

Knox

Knox, VIC

Planning overlays

  • SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 1291512

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 30 Aug 2026). Verify the extent against the title before relying on unaffected land.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,850,00024 Apr 2024
  2. Listedprice unknowncompleted10 Apr 2024
  3. Listedprice unknowncompleted10 Apr 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,747 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,747 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $576/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 1,747 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 1,747 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 2; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 3; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY - SCHEDULE 1. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Ferntree Gully in one glance

Ferntree Gully at a glance

28,311

People

$884,000

Median sale

$576/wk

Median rent

3.39%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Ferntree Gully report →

Keep researching

  • Why Ferntree Gully? Read the area thesis →
  • What else is on the market in Ferntree Gully →
  • Other records on Joan Ave →

Listing material

Listed by Bell Real Estate Montrose

Turnkey Stunner: Multigeneration Appeal, Inground Pool, Shedding & Dual Entrances

A stunning transformation has elevated this home to new heights, offering a lifestyle of refined elegance where every detail exudes luxury and exclusivity. Nestled in the foothills, privacy reigns supreme, allowing you to fully immerse yourself in the serenity of your surroundings and have space for all your tools, toys and large family needs. The contemporary design, meticulously crafted with large family/multi-generational living in mind, boasts a seamless blend of indoor-outdoor living spaces, impeccable finishes, and bespoke features throughout. Set on almost half an acre, this residence beckons with dual entrances (the main entrance off a laneway), inviting you to experience the epitome of modern living in an idyllic drive-through setting.

You'll fall in love with reams of custom cabinetry in the chef’s dream kitchen with swathes of stone and stainless-steel and the sweeping sunlit island/breakfast bar for casual eats and homework chats. Open plan living/meals is accompanied by the flickering flames of a Jindara wood fire - just a conversation away for revelling in connection and time-out. Functionality is paramount too with a servery to the deck for effortless entertaining and the ability to watch the kids play as you prepare meals.

Tucked down a hallway away from the hustle and bustle of the home are three bedrooms serviced by a family bathroom with a luxe deep soak bath for relaxing at day’s end.

Read the full description

Befitting the heads of the household, a master retreat features a stunning ensuite with double vanity and monsoon shower with custom walk-through wardrobe. A private garden with pond and tranquil water feature adds ambience taking sanctuary to the next level.

Homes of this calibre and nature are a rare find given the home also comprises a modern self-contained retreat under the roofline providing flexibility for large and multi-generation families, home business operators, guests or even an Airbnb option. This downstairs area accessed internally features tiled living, kitchen, bathroom and two spacious bedrooms.

A captivating oasis of relaxation and privacy, the lush grounds deliver the perfect canvas for gatherings or play on the flat blanket of lawn, inviting you to soak up the sunshine and enjoy the great outdoors.

Cool off in the spectacular resort-calibre inground pool where its fully tiled, horizon edge design is a show-stopping centrepiece of the stunning grounds. Additionally, a firepit zone invites late night chats under starry skies making this the complete outdoor retreat and the go to house for entertaining and summer parties.

There’s appeal too for tradies, home business operators, hobbyists and tinkerers with ample secure garaging and workshop sheds to store vehicles, boats, caravans, equipment, tools and toys.

More to Love:

• 5-bedroom, 3-bathroom home on 1747m2 and dual entrances (access via Joan Avenue and Hunter Avenue).

• Wrap balcony.

• Open plan living/meals with Jindara wood fire, raked ceilings and elegant travertine tiles.

• 12-month old kitchen with stone island, breakfast bar, undermount sink, integrated dishwasher, brand new twin Bosch ovens and induction stove, strip lighting plus servery to the alfresco.

• 3 bedrooms on the main level including master with fully tiled ensuite featuring a monsoon shower over bath and dual vanities, walk-in robe and private access to a rockery with pond/water feature.

• Fully tiled family bathroom with monsoon shower and deep soak bath.

• Powder room plus chic laundry.

• Downstairs self-contained zone with tiled living/meals, 2 carpeted bedrooms, bathroom and kitchen.

• Stunning inground, fully tiled salt-chlorinated pool with solar heating and horizon edge.

• Over 300 plantings and privacy hedges in the garden.

• Flat lawn edged by stonework and lush tree ferns.

• Double auto garage with internal entry and access to the self-contained zone, sink, built-in storage room and shelving plus single roller door to pool storage room.

• Workshop/tool shed.

• Drive-through garage/workshop/man-cave with toilet, hot/cold sink and Coonara wood fire.

• Single carport.

• Abundant off-street parking.

• Under house storage room.

• Refrigerated heating/cooling.

• 2 x 12,000L water tanks under the driveway.

• Walk to Ferntree Gully North Primary, and under 5-minutes’ drive to both Boronia and Ferntree Gully station, shopping and amenities.

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Listing description written by Ryan Bell, Bell Real Estate Montrose — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.