Back 12 Olivebank Road
Off Market

12 Olivebank Road

Ferntree Gully VIC 3156

5
3
4
1136 m²
House
Last sold for $931,000
Austen KosasihAusten Kosasih, last sold this property on 04 July 2025 after 28 days on market.

Overview

Spacious Family Sanctuary with Dual Living Options

Tucked away in one of Ferntree Gully's most sought-after pockets, this substantial family home offers a rare blend of comfort, flexibility and lifestyle opportunity across an expansive 1,136sqm (approx.) allotment. Perfectly suited to growing families, savvy investors or multigenerational living, this home is ready to welcome you with a layout that balances privacy and shared space beautifully. Step inside to find a spacious open-plan kitchen, meals and living area bathed in natural light, anchored by rich hardwood floors and the warmth of a charming wood fireplace. The kitchen offers plenty of prep space with an island bench, Smeg appliances, a five-burner gas cooktop and an electric oven, all complemented by laminate benchtops. A dedicated dining space/4th bedroom adds versatility for formal meals or family gatherings. Comfort is key here, with carpeted bedrooms and a separate study area, providing quiet spaces for work or rest. The master suite features a walk-in robe and a private ensuite, while the remaining bedrooms are serviced by a large family bathroom and a separate WC. A walk-in linen press and generous laundry enhance practicality. The home expands outdoors with an undercover pergola perfect for entertaining. The low-maintenance backyard includes three handy storage sheds, a sparkling pool, and loads of room for kids and pets to explore. Year-round climate comfort is assured with ducted heating, evaporative cooling and a surround sound system in the main family area. Property also comes with a 6.64kw solar panel system. A standout feature is the separately-metered self-contained unit, ideal for a teenager's retreat, extended family or even rental income. It boasts a large bedroom, a stylish bathroom, and a full-sized open-plan kitchen, meals and family area, giving occupants privacy while remaining connected to the main home. With minor updates, this solid home could truly shine, offering not just a place to live, but a lifestyle to love. Whether you're buying your first home, expanding your space or investing in the future, 12 Olivebank Road is a rare find in a highly liveable location. Features: • Four carpeted bedrooms in the main residence • 6.64kw solar panel system • Carpeted study area for work or study needs • Master bedroom with walk-in robe and private ensuite • Large central bathroom with separate WC • Walk-in linen cupboard for ample storage • Separate laundry with outdoor access • Spacious open-plan kitchen, meals and living area • Separate formal dining room • Hardwood flooring in living, kitchen and meals zones • Wood fireplace in the main living space • Ducted heating throughout the main home • Evaporative cooling for summer comfort • Surround sound system in the family/living area • High ceilings adding volume and light throughout • Smeg appliances • Five-burner gas cooktop • Electric oven • Laminate benchtops • Island bench for additional prep space and informal dining • Double carport providing sheltered off-street parking • Covered pergola ideal for outdoor entertaining • Swimming pool for summer enjoyment • Low-maintenance backyard with established landscaping • Three separate storage sheds for tools or equipment • Set on a large 1,136 sqm (approx.) block Self-contained Unit: • Open-plan kitchen, meals and living area • Large bedroom with plenty of natural light • Bathroom with shower, toilet and vanity • Separately-metered electricity • Independent access and full facilities, ideal for privacy or rental Location: Located in a peaceful, family-friendly street, 12 Olivebank Road enjoys unbeatable convenience within Ferntree Gully. Families will appreciate being just a short stroll from Ferntree Gully North Primary School and within easy reach of Wattle View Primary School and Boronia K-12 College. For shopping, Ferntree Gully Village is nearby, offering everyday essentials and café culture, while the larger Boronia Mall is just a few minutes' drive away for broader retail needs. Commuters are well connected with Ferntree Gully Train Station close at hand, providing direct access to the CBD. Enjoy weekends wandering through the Tim Neville Arboretum, taking in the scenic beauty of the Dandenong Ranges, or exploring the walking tracks around the Ferntree Gully Quarry. With schools, transport, shops and nature all within a 5km radius, this location delivers the ultimate in suburban lifestyle convenience. On Site Auction Saturday 5th of July at 1:30pm

Features

5 bedrooms
3 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
1136 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Ferntree Gully over the last 12 months, the estimated median property value of 12 Olivebank Road is $1.29m.

Median value
$1.29m
Estimated value range
$840k - $1.65m
Median days on market
29
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ferntree Gully. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Olivebank Road

2026
Rented
Undisclosed
Leased on 01 Mar 2026 by Ray White Ferntree Gully
2025
Sold
$931,000
04 Jul 2025 by Austen Kosasih, of Ray White Ferntree Gully
2024
Rented
Undisclosed
Leased on 29 Jun 2024 by Barry Plant Wantirna

Happy sellers in Ferntree Gully

85%
85% of sellers in Ferntree Gully reported that their sale price either exceeded or met their price expectations.

Ferntree Gully stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 110 reviews in Ferntree Gully over the last 12 months.

Local market activity for 5 bedroom houses in Ferntree Gully

In the last 12 months, 34 five-bedroom houses similar to 12 Olivebank Road, have been sold.

This represents a 36% decrease in five-bedroom houses sales when compared to the previous 12 months.

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