Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Ferntree Gully › Loretto Ave

U2, 51 Loretto Ave, Ferntree Gully VIC 3156

For saleHouse

$900,000–$990,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

2

Car spaces

226 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $900,000–$990,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $900,000–$990,000(Listing record · 6 July 2026)
  • FactLand 226 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ferntree Gully (last 5 years) with land size: median $1,219/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 2% above the Ferntree Gully median recorded sale ($884,000, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ferntree Gully's advertised median rent ($576/wk), implied gross yield would be 3.33% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$900,000–$990,000

Asking range · $3,982/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.

See the full Ferntree Gully report →

Vs Ferntree Gully

+1.8%

Median sale

Suburb $884,000

-0.06 pp

Gross yield

Suburb 3.39%

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

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$900,000
Stamp Duty (Victoria)
$49,070
Transfer/Registration Fee
$2,210
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$954,980

$54,980 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
1.83%
Annual cashflow (pre-tax)
$-30,348
Interest cover (DSCR)
0.35
Annual rent
$29,952
Operating expenses
$13,500
Loan amount
$720,000
Annual interest
$46,800
Gross yield
3.33%

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.

Open the full yield calculator →

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. Listed$900,000–$990,000available6 July 2026

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

Gross yield if leased at the suburb aggregate is 3.3%. 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

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 Loretto Ave →

Listing material

Listed by Harcourts Rowville

3 Year Old Immaculate Family Home

Closing Date Sale - Offers Close at 6pm on Wednesday 2nd September.

This 3 year old immaculate double storey 4-bedroom family home on approx 226sqm at the rear of a subdivided block is brimming with features to offer modern comfort to a growing family that wants both ample space to entertain while being low maintenance.

You will be impressed on arrival by the convenient straight ahead remote garage access via the shared driveway (no body corporate fees), offering internal access for ease. Upon entry to the home offers a feeling of spaciousness thanks to the 2.7m high ceilings downstairs and quality timber feature wall and engineered timber floorboards that flow right through downstairs, with a quality timber staircase and multiple storage cupboards on hand for coats and umbrellas. Heading past the stairs the home opens up into the expansive living, meals and kitchen area, an open plan space that caters for large families and gatherings alike, thanks to the triple-stacker sliding doors that seamlessly opens up to the covered, paved al fresco area, a functional additional feature that further expands this fantastic open space to relax in, with ready to go raised garden beds to make your own.

Read the full description

The ultra-modern stone benchtop kitchen with island bench boasts sleek stainless steel appliances such as the 900ml oven and cooktop, rangehood and dishwasher, this kitchen is ready for any aspiring chef to get to work while being able to stay engaged easily with the rest of the living zones thanks to the open plan design.

Heading upstairs you will find ample additional space for the kids to retreat with their friends to chill out in their own separate space, a bonus feature that allows you two genuine living spaces in the home (or optional 5th bedroom with some layout adjustments). The master suite with walk in robe and ensuite with large shower is zoned to the east of the home upstairs, while bedrooms 2 and 3 are zoned to the south and are both serviced by the main bathroom which comes complete with bath and large shower. Back downstairs, for convenience, guests will be treated to their own space thanks to the robed 4th bedroom and 3rd bathroom, this home truly has everything you will need for many years to come.

Additional features include reverse cycle split systems upstairs (3) and downstairs (2), infinity gas hot water, water tank, rear side gated access and a location that is minutes from Fairhills High School, multiple Primary Schools, Knox City & Mountain Gate Shopping Centres 5 minutes away, walking distance to the Billabong Creek trail, Fair Park, close to Monash & Eastern Freeways, 5-7 minutes from multiple train stations, this home is centrally located to all amenities and must be put at the top of your inspection list!

Listing description written by Brent Sweerts, Harcourts Rowville — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Heating
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
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.