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 › Olivebank Rd
$1,500,000–$1,600,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
3
Car spaces
1,012 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
$1,500,000–$1,600,000
Asking range · $1,482/m² of land
No recorded sale for this property.
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
+69.7%
Median sale
Suburb $884,000
-1.39 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.
$89,814 on top of the price (6.0% 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 2.0%. 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 Noel Jones Maroondah & Yarra RangesPerfectly positioned in one of Ferntree Gully's most tightly held pockets, directly at the foothills of the breathtaking Dandenong Ranges, this exceptional family residence delivers an outstanding combination of luxury, space and lifestyle. Built in 2016 with quality, comfort and entertaining at the forefront, this is a home that offers premium finishes throughout while remaining incredibly functional for growing families.
From the moment you arrive, the home's striking street presence sets the tone for what lies beyond. Inside, soaring 2.7-metre ceilings, raised doorways and windows, beautiful timber flooring and an abundance of natural light create an immediate sense of openness and sophistication. Multiple living zones provide flexibility for every stage of family life, with a spacious formal lounge complemented by an expansive open-plan family and dining area centred around a stunning feature gas fireplace.
The heart of the home is the designer kitchen, where premium finishes meet outstanding functionality. Stone benchtops are paired with an impressive suite of Miele appliances including a pyrolytic oven, plumbed steam combination oven, induction cooktop, warming drawer and dishwasher, while a plumbed refrigerator connection and generous preparation space make everyday living and entertaining effortless.
Accommodation is equally impressive, offering four generous bedrooms, including two complete with their own beautifully appointed ensuites. The luxurious master suite provides a true parents' retreat featuring a double vanity, oversized double shower with rainfall and handheld shower heads, and a separate toilet. The remaining bedrooms are all exceptionally spacious and serviced by a stylish family bathroom finished with floor-to-ceiling tiling and quality stone surfaces.
Designed for year-round entertaining, the seamless indoor-outdoor connection leads to an extended covered alfresco featuring a timber-lined ceiling and plumbed gas connection for the barbecue, creating the perfect setting for gatherings with family and friends. Beyond, the beautifully landscaped backyard showcases a stunning solar-heated 7m x 3m Albatross inground swimming pool complete with water feature, delivering a true resort-style atmosphere at home.
Every detail has been carefully considered, with quality appointments including double glazed windows, reverse-cycle ducted heating and cooling, a Colorbond roof, feature timber and opaque glass doors, an extended laundry, external electric shutters to the western side of the home, security camera system and an approximately 8kW solar power system to help reduce running costs.
Car accommodation is another standout, with a spacious triple garage featuring rear roller door access to the backyard, making it ideal for trailers, additional vehicles, recreational equipment or those who simply appreciate extra storage and practicality.
The location is every bit as impressive as the home itself. Nestled at the gateway to the Dandenong Ranges, you'll enjoy easy access to picturesque walking trails, national parks and an enviable lifestyle while remaining just moments from everyday conveniences. Quality schools including St John the Baptist School, St Joseph's College, Wattle View Primary School, Fairhills High School and Scoresby Secondary College are all within easy reach. Shopping is a breeze with Mountain Gate Shopping Centre, Westfield Knox and local cafés and eateries only minutes away, while nearby buses, Ferntree Gully Train Station and EastLink provide effortless commuting across Melbourne.
Offering an exceptional blend of luxury finishes, generous proportions and an unbeatable lifestyle location, this is a home where families can simply move in, relax and enjoy for years to come.
Disclaimer:
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
Listing description written by Phil Licciardi, Noel Jones Maroondah & Yarra Ranges — reproduced as published, not verified by Districts.