Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Upper Ferntree Gully › Finmere Cres
$795,000
Last sold
5 Feb 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
1,378 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
Last sold
$795,000
5 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $792/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Ferntree Gully
-12.6%
Median sale
Suburb $910,000
+0.48 pp
Gross yield
Suburb 3.37%
Suburb median $910,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $589/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.
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
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
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bell Real Estate MontroseA clever renovation and upgrade to this elegantly rendered home has created a stylish and private contemporary family abode offering four bedrooms, vibrant indoor and outdoor living spaces and generous vehicle accommodation, across a luxuriously sized 1378m2 allotment. Freshly painted plus new floorboards and a brand-new kitchen – there’s nothing to do but start living the dream foothills lifestyle.
Positioned at the front of the home is a comfortable L-shaped lounge/meals zone with loads of alluring natural light. A brand-new kitchen takes centre stage with deluxe benches and quality appliances and a small breakfast bar for morning cuppas or a place for the laptop. At the rear is a spacious rumpus area with built-in cabinetry where the kids can set up the PlayStation or indulge in a movie marathon.
Bedrooms are well-scaled with a sizable master at the front of the home with its own full sized bathroom and three additional bedrooms housed off the second living zone sharing a second family bathroom. This generous space opens to a huge alfresco deck with shade sail that provides a perfect vantage point to watch the kids play or the ideal place to enjoy weekend barbeques with friends. The enormous backyard is a blank canvas just waiting to be transformed into the ultimate outdoor retreat or why not enjoy epic games of backyard cricket or footy. With Ferny Creek running along the boundary and the lush lawn overlooking farmland you are privy to a calm country feel.
There is also a double carport which can be utilised as an outdoor bar and entertaining area or covered play area for kids due to its position, in addition to a garden shed, under house storage, secure parking for the trailer, boat and caravan and the property is fully fenced for safety and privacy with new rear boundary fences. Additionally, there is ducted heating and a wall-mounted air-conditioning unit for seasonal comfort.
Enjoy the best of both worlds with serenity yet convenience at your fingertips including Kings Park, Kakoda Track Memorial Walk, 1000 steps, Upper Ferntree Gully Train Station, Upper Ferntree Gully Primary School, St Joseph’s College, Angliss Hospital, several local shopping precincts and Knox City Shopping Centre. Don’t delay. Enquire today.
Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm open for inspection times with the listing agent direct or the listing office.
Listing description written by Jarrod Peterson, Bell Real Estate Montrose — reproduced as published, not verified by Districts.