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Back 78 Loretto Ave
Off Market

78 Loretto Ave

Ferntree Gully VIC 3156

3
2
1
724 m²
House
Last sold for $845,000
Adrian GoeganAdrian Goegan, last sold this property on 30 May 2025 after 24 days on market.

Overview

Uncover the Possibilities - A Rare Blend of Character, Space, and Development Potential

Welcome to 78 Loretto Avenue, a charming three-bedroom, two-bathroom residence set on a generous 724 sqm (approx.) block in one of Ferntree Gully's most desirable pockets. Rich in original character with hardwood timber floors and fresh paint throughout it is brimming with potential, this is more than just a home, it's an opportunity waiting to be unlocked. With its spacious living areas and well-proportioned layout, the existing home is ideal for first-home buyers, renovators, or families looking to knockdown and personalise their dream home. But for those with an eye for development, the real value lies in the land. Whether you choose to: • Renovate and retain the existing residence while building a second dwelling at the rear, • Pursue a side-by-side dual occupancy redevelopment • Or knockdown and rebuild your dream home (STCA) …the options are truly exciting. With a wide frontage and flat terrain, this property presents a prime canvas for transformation, perfect for multi-generational living or a high-yield investment. Located in a peaceful, family-friendly pocket, enjoy easy access to top-rated schools including Fairhills Primary, Wattle View Primary, and Kent Park Primary. Embrace the outdoors at nearby Norvel Reserve, Burke Road Reserve, or the scenic Tim Neville Arboretum. Mountain Gate Shopping Centre is just around the corner, and nature lovers will appreciate the close proximity to Blind Creek Billabong and the breathtaking Dandenong Ranges. Key Features: • 724 sqm (approx.) flat block with excellent frontage • Existing 3-bed, 2-bath home with strong bones • Prime candidate for renovation, dual occupancy, or redevelopment (STCA) • Family-friendly location near schools, parks, shops, and transport This is more than just a property; it's a platform for your vision. Whether you're creating a forever family home, investing in your future, or developing for dual income, 78 Loretto Avenue offers unmatched potential in an unbeatable location. Secure your slice of Ferntree Gully's future before someone else does.

Features

3 bedrooms
2 bathrooms
1 carspace
1 open car space
724 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 78 Loretto Ave 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 78 Loretto Ave

2025
Sold
$845,000
30 May 2025 by Adrian Goegan, of Barry Plant - Glen Waverley

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 3 bedroom houses in Ferntree Gully

In the last 12 months, 154 three-bedroom houses similar to 78 Loretto Ave, have been sold.

This represents a 29% 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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Rohin Arora

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

  •   5   (115 reviews)
  •  26 Reviews in Ferntree Gully
  •  23 Sales 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   (189 reviews)
  •  22 Reviews in Ferntree Gully
  •  29 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 friendly

  •   4.9   (357 reviews)
  •  9 Reviews in Ferntree Gully
  •  29 Sales in Ferntree Gully
View profile
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Janine Rule

Sellers who recommend Janine Rule have praised them for being local expert, clear communication, friendly, honest, supportive, pleasant and reliable

  •   4.9   (73 reviews)
  •  4 Reviews in Ferntree Gully
  •  10 Sales in Ferntree Gully
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