28A Park Boulevard, Ferntree Gully VIC 3156

28A Park Boulevard, Ferntree Gully VIC 3156
This is a single-level, detached four-bedroom, three-bathroom house on a 390-square-metre lot with two parking spaces. The property provides a high room count on a compact block, which is a configuration edge in this suburb. It is positioned in a quiet residential street within an established neighbourhood near the Dandenong Ranges fringe. What is competitively strong here is the density of accommodation. Four bedrooms with three bathrooms is rare on a lot this size, making the house a practical fit for families who need space but want a manageable block. The single-level layout adds appeal for downsizers or those seeking easy living. Within the suburb, this property stands apart from the more common three-bedroom, one-bathroom homes on similar or larger lots. It serves buyers who prioritise internal amenity and modern features over land area, and it will attract attention from families and investors looking for a premium configuration in a stable location. The compact lot and limited parking are factors that may influence value. Two spaces could be a constraint for a four-bedroom household with multiple vehicles. The house sits on a smaller block than many nearby properties, which might affect its appeal for buyers who value outdoor space or future subdivision potential. The high bathroom count is a premium feature, but it may not command a proportional price premium in a suburb where three-bedroom homes are the norm. Buyers should weigh the benefit of extra bedrooms and bathrooms against the trade-off in land area and parking capacity when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 28A Park Boulevard, Ferntree Gully VIC 3156
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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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

4

Bathroom

3

Parking

2

Land

390m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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