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VIC › Ferntree Gully › Nathan St

U3, 10 Nathan St, Ferntree Gully VIC 3156

For saleHouse

$1,149,000–$1,199,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

501 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,149,000–$1,199,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,149,000–$1,199,000(Listing record · 10 Aug 2026)
  • FactLand 501 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 30% 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 2.61% — 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

$1,149,000–$1,199,000

Asking range · $2,293/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

+30.0%

Median sale

Suburb $884,000

-0.78 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
$1,149,000
Stamp Duty (Victoria)
$63,195
Transfer/Registration Fee
$2,793
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
$1,218,688

$69,688 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
1.11%
Annual cashflow (pre-tax)
$-47,031
Interest cover (DSCR)
0.21
Annual rent
$29,952
Operating expenses
$17,235
Loan amount
$919,200
Annual interest
$59,748
Gross yield
2.61%

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$1,149,000–$1,199,000available10 Aug 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 2.6%. 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 Nathan St →

Listing material

Listed by Ray White Ferntree Gully

Elevated Architectural Elegance

Commanding an elevated position with scenic hill views, this brand new residence delivers a sophisticated expression of contemporary design, where architectural detail, premium materials and considered functionality come together with striking effect.

From its modern facade and wide frontage, the home establishes an immediate sense of presence. A broad timber entry door introduces an interior defined by impressive 3-metre ceilings, 2.3-metre doors, engineered timber flooring and a refined palette of brushed nickel fixtures and fittings.

The entrance itself has been carefully considered, with a feature wall incorporating built-in seating and shoe drawers creating a polished and practical arrival. From here, the home unfolds into an expansive open-plan kitchen, dining and living domain, where generous glazing draws natural light and scenic outlooks into the heart of the residence.

Read the full description

Architectural detailing gives this central space a distinctive identity. Acoustic timber panelling across the kitchen ceiling introduces warmth and texture, while feature pendant lighting and an inbuilt TV feature wall and unit bring a tailored finish to the living environment.

The kitchen makes a confident statement through scale, materiality and meticulous detailing. Premium stone extends across the benchtops and substantial island with waterfall edges, complemented by sleek 2pac finished cabinetry and a frameless glass window splashback. A suite of Westinghouse appliances includes a 90cm induction cooktop, black dishwasher and 90cm pyrolytic multi-function oven with AirFry, while a dedicated water point has been provided for a compatible fridge.

Designed to transition effortlessly from indoor living to entertaining, bifold doors open the main living domain to a covered alfresco setting. More than simply an outdoor area, this space has been comprehensively appointed with integrated cabinetry, a sink, rangehood and bar fridge, creating an impressive setting for dining and entertaining against a backdrop of scenic hill views.

A dedicated home office adds another layer of considered functionality. Fitted cabinetry forms a two-person workstation, while the ability to close the space away provides separation when required.

Private accommodation comprises four bedrooms, introducing the softness of nylon loop carpeting alongside mirrored sliding wardrobe doors. The main suite is enhanced by bedside lighting, a walk-in wardrobe, dedicated heating and cooling and a beautifully finished private ensuite.

The bathrooms continue the home's sophisticated material language. Premium stone vanities are paired with dual shower fittings incorporating rainfall and handheld shower heads, while warming and demisting mirror technology and backlit RGB LED lighting add contemporary refinement. The central bathroom also features a bathtub, with the toilet positioned separately.

Comfort has been considered throughout every season, with heating and air conditioning provided in every room and wireless-controlled functionality allowing individual adjustment. Double-glazed windows and doors further complement the home's specification, while insulation to all internal walls reflects the attention given to the spaces beyond their visible finishes.

Sensor lighting to the facade and garage enhances arrival and departure, while a double garage, side yard access, double blinds and a conveniently positioned laundry complete the home's practical credentials.

Distinctive in its detailing and elevated in both position and finish, 3/10 Nathan Street brings together sophisticated interiors, integrated outdoor entertaining and scenic outlooks in a brand new Ferntree Gully residence.

Features:

• Brand new four-bedroom residence

• Elevated position with scenic hill views

• Modern facade with wide frontage

• Double car garage

• Side access to yard

• 3-metre ceilings

• 2.3-metre internal doors

• Engineered timber flooring

• Nylon loop bedroom carpets

• Mirrored sliding wardrobe doors

• Double-glazed windows and doors

• Insulation to all internal walls

• Heating and air conditioning in every room

• Wireless-controlled climate functions

• Premium stone benchtops

• 2pac finished cabinetry

• Westinghouse 90cm induction cooktop

• Westinghouse 90cm pyrolytic AirFry oven

• Westinghouse black dishwasher

• Water point fitted for fridge

• Fitted two-person home office

• Entry feature wall with built-in seating and shoe drawers

• Inbuilt TV feature wall and unit

• Sensor lighting to the facade and garage

• Covered alfresco with fitted outdoor kitchenette

Location:

Set within a well-connected Ferntree Gully pocket, the residence is within walking distance of Wally 2 Reserve, St Joseph's College, Woolworths Ventura Gully, Glenfern Park Playground and Glenfern Road Village. Hillview Shopping Centre, Venture Gully Quarry, Ferntree Gully Station and Village, Kings Park, Upper Ferntree Gully Station, Ferntree Plaza, the Dandenong Ranges, Mountain Gate Shopping Centre, Koolamara Waters, Waterfall Valley Golf Course, Sherbrooke Arches and Gilmore Reserve are also nearby, with Westfield Knox and Stud Park providing additional shopping options.

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 Jack Rickard, Ray White Ferntree Gully — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Study

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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