Back 2/28 Francis Crescent
Off Market

2/28 Francis Crescent

Ferntree Gully VIC 3156

3
2
2
945 m²
House
Last sold for $430,000

Overview

Development Potential (STCA) - UNDER OFFER

This rare opportunity does not happen very often 945m2 approx. on 2 titles is waiting for the right developer. The rear unit is clean and tidy and an instant rental return. The Californian Bungalow at the front of the property is in need of some repair and renovation and is divided into 2 units, both currently rented an a month to month basis. This property is returning $3,056.00 per calendar month rental. Don't let this great opportunity pass you by. For more information or to organise a private inspection, please contact Wayne Sewell on 0403 524 683 or email wayne@appleby.com.au

Features

3 bedrooms
2 bathrooms
2 carspaces
945 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ferntree Gully over the last 12 months, the estimated median property value of 2/28 Francis Crescent is $896k.

Median value
$896k
Estimated value range
$640k - $1.22m
Median days on market
24
Estimated value trend
6%
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 2/28 Francis Crescent

2024
Rented
Undisclosed
Leased on 18 May 2024 by P&G Real Estate
2022
Sold
$430,000
Private Sale/Treaty on 02 Aug 2022

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 99 reviews in Ferntree Gully over the last 12 months.

Local market activity for 3 bedroom houses in Ferntree Gully

In the last 12 months, 134 three-bedroom houses similar to 2/28 Francis Crescent, have been sold.

This represents a 29% increase in three-bedroom houses sales when compared to the previous 12 months.

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