Back 470 Scoresby Rd
Off Market

470 Scoresby Rd

Ferntree Gully VIC 3156

5
2
2
1079 m²
House
Last sold for $1,070,000
Nathan McMurtryNathan McMurtry, last sold this property on 16 August 2021 after 96 days on market.

Overview

Endless Options Equals Outstanding Opportunity

With solid rental returns of $4,077 per month / $48,924 per year and a spacious block suitable for a 3-unit development (STCA) this outstanding offering boasts the best of both worlds. With endless options and opportunities to capitalise on this all this home has on offer, you will want to act quickly to secure this smart investment. This prime position near bus transport, Westfield Knox, Kent Park Primary, and Fairhills High School is sought-after by singles and families alike. With a promising home onsite that offers 2 generous living areas, a crisp kitchen with courtyard views, and spacious bedrooms with ample storage, this is the ideal start to any property plans. Featured extras including new oven, new reverse cycle heaters/air conditioners, polished floorboards, and a warm wood fire would make any homeowner proud. However, if you're seeking a superb place to action a new project, this may be the moment you've been waiting for. With space for a substantial development within a neighbourhood that offers every amenity nearby, this is a brilliant property with a very bright future. With the significant bonus of up to a 6-month settlement, infinite options open for several styles of investment. With so much on offer, why wait? Plan your viewing today. PLEASE NOTE: This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact the agent to arrange this.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
1079 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 470 Scoresby Rd 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 470 Scoresby Rd

2024
Rented
Undisclosed
Leased on 11 Dec 2024 by Ray White Wantirna
2024
Rented
Undisclosed
Leased on 25 Sep 2024 by Ray White Wantirna
2021
Sold
$1,070,000
16 Aug 2021 by Nathan McMurtry, of Ray White 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, 35 five-bedroom houses similar to 470 Scoresby Rd, have been sold.

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

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