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.
VIC › Ferntree Gully › Scoresby Rd
$660,000–$726,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
1
Car spaces
728 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$660,000–$726,000
Asking range · $907/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Ferntree Gully (last 5 years) with land size have a median of $1,219/m² of land (n=51). 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.
Vs Ferntree Gully
-25.3%
Median sale
Suburb $884,000
+1.15 pp
Gross yield
Suburb 3.39%
Suburb median $884,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$40,019 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Ferntree Gully's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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.
Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White Ferntree GullySet behind a long gravel driveway, this classic blonde-brick residence sits on a generous 728 square metre allotment in a well-connected Ferntree Gully setting, offering genuine scope for renovation, redevelopment or subdivision (STCA).
A front porch opens to a carpeted entry and a spacious front living room. While comfortably livable, the interiors are dated throughout and would benefit from updating, with the kitchen, bathroom and finishes all showing their age and ready for a refresh. Split-system heating and cooling complements ducted heating throughout.
The kitchen retains a practical, no-frills layout with tiled flooring, tiled splashback, gas cooktop and oven. Three bedrooms serve the household, two with built-in robes. A combined bathroom and laundry, separate toilet and additional storage room complete a functional but original floorplan, suited to buyers ready to invest in bringing it up to date.
It's on the outside that this property's real opportunity lies. The expansive 728sqm block offers exciting potential to retain and renovate the existing home at the front while adding a second dwelling to the rear, or alternatively exploring a subdivision, knockdown-rebuild, or multi-unit development (STCA). The driveway extends to a single garage with a tilt door before opening to a substantial concrete area at the rear, currently offering excellent off-street parking and space for outdoor entertaining, with a stone barbecue in the backyard. This rear section provides a strong foundation for buyers looking to capitalise on the land while deciding on their preferred direction.
With its classic profile and substantial landholding, 393 Scoresby Road presents a property with genuine versatility to shape its next chapter over time.
Features:
• Three bedrooms
• Built-in robes to two bedrooms
• One bathroom
• Combined bathroom and laundry
• Separate toilet
• Large front living area
• Open-plan kitchen and dining
• Gas cooktop
• Oven
• Tiled kitchen splashback
• Split-system heating and cooling
• Ducted heating throughout
• Additional storage room
• Single garage with tilt door
• Long gravel driveway
• Potential to renovate, extend, subdivide or rebuild (STCA)
• 728 square metre allotment
Location:
Positioned in a central Ferntree Gully location, the home is within walking distance of Fair Hills High School, Fair Hills Primary School, Fair Park Reserve, Langwood Reserve, St Andrew's Christian College and Knox Park Primary School. A broad selection of nearby amenities includes Lewis Park, Westfield Knox, Mountain Gate Shopping Centre, Tim Neville Arboretum, Blind Creek Billabong and the Blind Creek Trail, together with numerous local schools, reserves and community facilities. Ferntree Gully Station and Village and Boronia Station, Boronia Village and Boronia Mall provide further transport, shopping and everyday convenience, while The Knox School, Wantirna College and Waverley Christian College are also only a few minutes away.
On Site Auction Saturday 19th of September at 11:30am
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Listing description written by Ben Thomas, Ray White Ferntree Gully — reproduced as published, not verified by Districts.