Back 25 Westley St
Off Market

25 Westley St

Ferntree Gully VIC 3156

3
1
1
737 m²
House
Last sold for $570,000
Selvan KanniappanSelvan Kanniappan, last sold this property on 03 April 2019 after 105 days on market.

Overview

PERFECT DEVELOPMENT OPPORTUNITY FOR THREE UNITS (STCA)

Builders and developers, this is the perfect subdivision/development opportunity for three units (STCA). The block of 737sqm approx. is close to perfectly flat and the location is outstanding: Ferntree Gully rail station and buses are very close by, shops including Mountain Gate are within an easy walk, primary and secondary schools are just moments away and Knox City and Eastlink are just minutes away. What makes this an even better opportunity is the existing home on the block. Offering a large living area, well presented kitchen and meals area, three robed bedrooms and renovated bathroom. Outside offers a paved and covered patio, single garage with workshop space and delightfully leafy backyard. Better still, the home is perfectly liveable as is, meaning you can rent it out whilst you go through the process of sorting out plans and permits. With numerous unit developments proving popular in the area already, this presents as a chance to capitalise on the trend. Inspection times, plans, inclusions, and property availability are subject to change without notice. Photo identification required at inspections. Disclaimer. All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries.

Features

3 bedrooms
1 bathroom
1 carspace
737 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 25 Westley St is $896k.

Median value
$896k
Estimated value range
$640k - $1.22m
Median days on market
24
Estimated value trend
8%
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 25 Westley St

2022
Rented
Undisclosed
Leased on 01 Dec 2022 by Professionals Wantirna Knox
2019
Sold
$570,000
03 Apr 2019 by Selvan Kanniappan, of Professionals Wantirna Knox

Happy sellers in Ferntree Gully

84%
84% 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 105 reviews in Ferntree Gully over the last 12 months.

Local market activity for 3 bedroom houses in Ferntree Gully

In the last 12 months, 154 three-bedroom houses similar to 25 Westley St, have been sold.

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

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