Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Ferntree Gully › Alma Ave

42 Alma Ave, Ferntree Gully VIC 3156

House

$885,000

Last sold

19 Mar 2022

3

Bedrooms

2

Bathrooms

2

Car spaces

1,007 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 $885,000 (19 Mar 2022).(Recorded sale)
  • FactLand 1,007 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?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$885,000

19 Mar 2022 · 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

+0.1%

Median sale

Suburb $884,000

-0.01 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

Not retrieved

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

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$885,00019 Mar 2022
  2. Listedprice unknowncompleted23 Feb 2022

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Alma Ave →

Listing material

Listed by Jellis Craig Forest Hill

Country suburban bliss

Perched high amongst the privacy of established greenery lies an immaculate family home rich in character and sophisticated charm. A gorgeous interior of polished floorboards, ceiling roses, decorative cornices, and timber panelled walls and ceilings are yours to enjoy along with the practicalities of well-defined zoning, dual living spaces and modern comforts. Set on a huge 1,007m² block against the backdrop of the Dandenong Ranges, life here is a blend of country bliss and suburban buzz.

Admire the impressive façade framed by a decked, wrap around balcony and the intricate detailing of an original lead light panelled front door. The gorgeous trimmings continue inside with a formal lounge featuring a full width window with double glass doors, an exposed brick fireplace and an arched entrance way leading into the dining room.

Quietly positioned at the front of the home and boasting direct balcony access is a master bedroom appointed with a walk-in robe and ensuite. Elevated on a split level are a relaxed living space flowing out to an undercover deck, a solid timber kitchen, 2 robed bedrooms, a central bathroom and laundry.

Read the full description

Enjoy ornamental lighting throughout, split system units, ducted heating and vacuum, ceiling fans, alarm system, an extended driveway and double carport. Shaded by trees and bush-like surrounds, picturesque views and dappled light envelop the front deck, rear courtyards and alfresco.

Located within a 5 minute walk to Ferntree Gully Station, Wyuna Street Reserve and local shops and eateries. Quality schools and a comprehensive retail offering are nearby including Ferntree Gully North Primary, Boronia K-12 College and Mountain Gate Shopping Centre. Spend weekends exploring the Dandenong Ranges and easily access Kokoda Track Memorial Walk, picnic grounds and scenic lookouts.

Listing description written by Michael Ganavas, Jellis Craig Forest Hill — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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