11 Cinerea Avenue, Ferntree Gully VIC 3156
11 Cinerea Avenue, Ferntree Gully VIC 3156
Large 728m² block | 4-car capacity | Family-oriented school pocket | 3-bed, 2-bath layout | Strong owner-occupier appeal
The property holds a genuine competitive edge through its land size and parking provision, which is uncommon for a standard three-bedroom house in this part of Ferntree Gully. The 728m² parcel allows for future extension potential or simply generous outdoor space, while the four-car accommodation suits households with multiple vehicles, a trailer, or workshop needs. It sits comfortably within a family-focused residential area, with two nearby government schools making it particularly attractive to owner-occupiers prioritising school access and a quiet suburban setting. The layout is straightforward and practical, serving buyers who want move-in convenience without paying a premium for unnecessary extras.
The price outcome may be influenced by the condition of internal finishes and whether any modernisation has been undertaken recently, as buyers typically weigh renovation costs against asking expectations. The property’s larger land component might also attract interest from those considering subdivision or development, though this depends on council zoning and site constraints that would need verification. Rental demand in the area appears solid, which may support investor interest, but the final sale figure will likely hinge on how the property presents relative to its dated or updated features, and how competitive bidding unfolds among family buyers.
|| Comparable Sales: 2/22 Hutton Avenue sold for $706k in Dec 2023; 42A Cinerea Avenue estimated near $703k | Property Price Band: $800k–$900k | Value Drivers: land size, parking capacity, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Cinerea Avenue, Ferntree Gully VIC 3156
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
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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
Comparable Sales: 2/22 Hutton Avenue sold for $706k in Dec 2023; 42A Cinerea Avenue estimated near $703k | Property Price Band: $800k–$900k | Value Drivers: land size, parking capacity, condition and presentation
Bedrooms
3
Bathroom
2
Parking
4
Land
728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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