Back 69 Commercial Road
Off Market

69 Commercial Road

Ferntree Gully VIC 3156

3
1
2
983 m²
House
Last sold for $1,050,000
Chris SmoutChris Smout, last sold this property on 31 October 2025 after 22 days on market.

Overview

Prime Location with Exceptional Development Potential

Perfectly positioned in the heart of Ferntree Gully, this home presents an outstanding opportunity for developers, investors, or owner-occupiers to capitalise on a premium location brimming with future potential. Set on a generous allotment of 983sqm (Approx.) directly opposite Pickett Reserve, this much-loved three-bedroom home offers comfortable living with plenty of scope to add further value. Inside, the home features a light-filled layout with a spacious living area, a modernised bathroom with separate toilet, and a practical kitchen and meals zone. Outdoors, expansive front and rear yards provide ample room for entertaining, play, or future development possibilities (STCA). Enjoy unrivalled convenience with Ferntree Gully Village, train station, schools, and the vibrant Burwood Highway shopping and dining strip all within easy reach. Westfield Knox, major arterial roads, and public transport connections further enhance the property's appeal, offering lifestyle ease and strong investment fundamentals. Whether you choose to renovate, redevelop, or landbank for the future, this property's location, land size, and zoning make it an ideal choice in one of Melbourne's most accessible and evolving suburbs.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
983 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 69 Commercial Road 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 69 Commercial Road

2025
Sold
$1,050,000
Auction Sale on 31 Oct 2025 by Chris Smout, of Premier Property Agents

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 3 bedroom houses in Ferntree Gully

In the last 12 months, 154 three-bedroom houses similar to 69 Commercial Road, have been sold.

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

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