Back 56 Commercial Road
Off Market

56 Commercial Road

Ferntree Gully VIC 3156

5
1
3
1243 m²
House
Last sold for $992,888
Janine RuleJanine Rule, last sold this property on 08 July 2025 after 27 days on market.

Overview

Potential Plus on 1243sqm!

FIXED DATE SALE CLOSING TUESDAY 8th JULY (unless sold prior) Welcome to 56 Commercial Road, Ferntree Gully - where endless possibilities present on this beautiful level 1243sqm approx. allotment. Perfect for potential subdivision of 4 townhouses or keep existing dwelling and build in the back (all STCA) or room to extend on this single level 5 bedroom residence. Currently with a fixed term tenancy at $650 per week the existing home has been lovingly maintained by the one owner. The original dwelling consists of 5 bedrooms, serviced by the master bathroom, large living and dining room, centrally located kitchen with adjoining meals area and offers the comforts of heating and cooling. With double and single carport and an abundance of off street parking available behind the privacy of the front fence, this property has a lot on offer! Conveniently situated within walking distance to Mountain Gate Shopping Centre, Wattle View Primary and buses, near Fairhills High School, Boronia Junction, Westfield Knox, Ferntree Gully Train Station and EastLink Freeway.

Features

5 bedrooms
1 bathroom
3 carspaces
1243 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 56 Commercial Road 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 56 Commercial Road

2025
Sold
$992,888
Private Sale/Treaty on 08 Jul 2025 by Janine Rule, of Stockdale & Leggo - Ferntree Gully
2024
Rented
Undisclosed
Leased on 12 Sep 2024 by Stockdale & Leggo Croydon

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 5 bedroom houses in Ferntree Gully

In the last 12 months, 34 five-bedroom houses similar to 56 Commercial Road, have been sold.

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

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