Back 46 Elton Road
Off Market

46 Elton Road

Ferntree Gully VIC 3156

2
1
1
740 m²
House
Last sold for $855,000
Kerry HuangKerry Huang, last sold this property on 24 May 2025 after 37 days on market.

Overview

Prime Opportunity With Huge Potential on 740sqm (Approx.)

Positioned in a sought after residential area, this rare offering at 46 Elton Road, Ferntree Gully, presents an exciting opportunity for homeowners, developers, and investors alike. Set on a generous approx. 740sqm block, the true value of this property lies not only in its affordability but in its exceptional potential for future development (STCA) - whether that's a brand-new home, dual occupancy, or a multi-unit project. The existing home provides solid foundations, featuring one living area, well-sized bedrooms, a massive four-car garage with its own power switch, and ample yard space. Renovate, rebuild, or redevelop - the options here are as broad as your vision. Located in one of Ferntree Gully's most sought-after family-oriented neighbourhoods, you're surrounded by schools, childcare, shopping centres, golf courses, parks, and public transport. The blend of lifestyle convenience and long-term growth makes this an opportunity that won't last. Opportunities like this are rare - secure your future today and capitalise on the enormous potential this land-rich property has to offer.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
740 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Ferntree Gully over the last 12 months, the estimated median property value of 46 Elton Road is $750k.

Median value
$750k
Estimated value range
$610k - $871k
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 46 Elton Road

2025
Sold
$855,000
24 May 2025 by Kerry Huang, of JRW Property International
2024
Rented
Undisclosed
Leased on 24 Jul 2024 by Ray White Ferntree Gully
2024
Rented
Undisclosed
Leased on 23 Jul 2024 by Ray White Ferntree Gully

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 106 reviews in Ferntree Gully over the last 12 months.

Local market activity for 2 bedroom houses in Ferntree Gully

In the last 12 months, 12 two-bedroom houses similar to 46 Elton Road, have been sold.

This represents a 20% increase in two-bedroom houses sales when compared to the previous 12 months.

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