2/12 Clematis Avenue, Ferntree Gully VIC 3156

2/12 Clematis Avenue, Ferntree Gully VIC 3156
Townhouse in quiet leafy pocket | 2-bed on compact 117sqm | Bushfire overlay present | Strong 89% local auction clearance. This property offers a rare combination of low-maintenance townhouse living in a tightly held Ferntree Gully pocket, where two-bedroom units trade infrequently. The compact 117sqm lot and single carport suit first-home buyers or investors seeking a sub-$550k entry point into a suburb with 89% auction clearance and predominantly owner-occupied character. Built-in robes and immaculate presentation reduce immediate outlay, while the NBN and 5G coverage support remote workers. For a buyer prioritising affordability and walkability to primary school and childcare, this represents a competitive position in a market where stock is limited. The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting some financing options, which may narrow the buyer pool at resale. No flood or heritage concerns simplify due diligence. The 1990 sale date and absence of recent comparable sales create valuation uncertainty, though Domainโ€™s $560kโ€“$620k range suggests upside if presented well. Rental yield near 4.35% offers a credible hold strategy for an investor, while an owner-occupier gains a quiet, low-upkeep base in a catchment for Ferntree Gully North Primary. Buy with a bushfire assessment and hold for steady suburban demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/12 Clematis Avenue, Ferntree Gully VIC 3156
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Market Insight:

Ferntree Gully is a well-established suburb with a professional demographic, underpinning its stable market positioning. Demand is driven by young professionals, reflected in brisk sales and strong auction clearance rates. Recent price growth has been solid across both houses and units, with a notably fast-moving market indicating sustained buyer competition. Future growth is supported by rising rental demand, though the pace of capital appreciation may be tempered by broader affordability pressures.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

117mยฒ

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