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Back 48 Loretto Avenue
Off Market

48 Loretto Avenue

Ferntree Gully VIC 3156

3
2
2
821 m²
House
Last sold for $850,500
Ben ThomasBen Thomas, last sold this property on 23 August 2024 after 22 days on market.

Overview

Character Home on Expansive 821 Sqm Block with Unlimited Potential!

Situated on an expansive 821 sqm (approx.) block, this original character home offers a prime opportunity with unlimited potential to renovate and create your dream residence. Ideal for first home buyers, investors, or developers seeking their next project, this property is a gem waiting to be polished. Entering through the front verandah, perfect for savoring your morning coffee, you are greeted by a generously sized family and living area adorned with wood paneling, creating a cozy and inviting atmosphere. This space seamlessly flows into the kitchen and meals area, showcasing black benchtops complemented by ample white cabinetry. The kitchen is equipped with quality appliances, including a gas cooktop, electric oven, and dishwasher. To the left of the living area, you'll find the master bedroom, complete with a walk-in wardrobe and an ensuite featuring double vanities. On the right side of the living area are two additional bedrooms and the main bathroom that services the rest of the home. Stepping outside, you'll discover a spacious pergola, perfect for outdoor living and relaxation, overlooking the expansive backyard. This outdoor space offers endless possibilities for entertaining, gardening, or simply enjoying the surroundings. Additional features include, a laundry, ceiling fans, split system heating and cooling units in every room and main areas, floating floorboards and tile flooring, curtains throughout, rooftop solar panels, and a double car garage. Features: • 821 Sqm Approx Block • 3 Bedrooms • 2 Bathrooms • Kitchen and Meals • Gas Cooktop • Electric Oven • Dishwasher • Living • Laundry • Ceiling Fans • Split System Heating and Cooling • Floating Floorboards and Tile Flooring • Curtains Throughout • Front Verandah • Rooftop Solar Panels • Pergola • Double Car Garage Location: 48 Loretto Avenue, Ferntree Gully, is ideally located close to all amenities to live a comfortable lifestyle. The area is well-served by educational options, with nearby childcare which is Magic Garden Childcare, primary schools including Wattle View Primary School, Ferntree Gully North Primary School, Fairhills Primary and Mountain Gate Primary School. For secondary education, students have access to Ferntree Gully Secondary College, Fairhills High School, St. Joseph's College and Mater Christi. Shopping needs are conveniently met with Mountain Gate Shopping Centre and Westfield Knox Shopping Centre just a short drive away. The closest train station is Ferntree Gully Station, providing direct access to Melbourne's CBD however, Bayswater train station is nearby with additional walking access to bus routes taking you to Glen Waverley and Bayswater. For those who enjoy outdoor activities, Fairpark Reserve, Norvel Reserve and Tim Neville Arboretum offer beautiful green spaces for relaxation and recreation. On Site Auction Saturday 24th of August at 10am

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
821 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 48 Loretto Avenue is $900k.

Median value
$900k
Estimated value range
$640k - $1.38m
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 48 Loretto Avenue

2024
Rented
Undisclosed
Leased on 22 Oct 2024 by Ray White Ferntree Gully
2024
Sold
$850,500
Auction Sale on 23 Aug 2024 by Ben Thomas, of Ray White Ferntree Gully
2010
Sold
Undisclosed
Auction Sale on 17 Jun 2010

Happy sellers in Ferntree Gully

86%
86% 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 82 reviews in Ferntree Gully over the last 12 months.

Local market activity for 3 bedroom houses in Ferntree Gully

In the last 12 months, 125 three-bedroom houses similar to 48 Loretto Avenue, have been sold.

This represents a 41% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ferntree Gully

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Tom Tsiagalos

Sellers who recommend Tom Tsiagalos have praised them for being local expert, clear communication, honest, reliable, supportive, friendly and well-prepared

  •   4.9   (192 reviews)
  •  21 Reviews in Ferntree Gully
  •  28 Sales in Ferntree Gully
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Rohin Arora

Sellers who recommend Rohin Arora have praised them for being local expert, clear communication, responsive, friendly, honest, dedicated and reliable

  •   5   (132 reviews)
  •  24 Reviews in Ferntree Gully
  •  25 Sales in Ferntree Gully
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Daniel Cripps

Sellers who recommend Daniel Cripps have praised them for being local expert, clear communication, supportive, honest, responsive, reliable and hard-working

  •   4.9   (375 reviews)
  •  11 Reviews in Ferntree Gully
  •  24 Sales in Ferntree Gully
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Rishi Aggarwal

Rishi Aggarwal is a recommended agent for Ferntree Gully.  They have 1 local sale and collected 6 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  6 Reviews in Ferntree Gully
  •  1 Sale in Ferntree Gully
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