11 Dion Street, Ferntree Gully VIC 3156
11 Dion Street, Ferntree Gully VIC 3156
Corner block near 731sqm | 3-bed house, one bath | Immaculately kept, ready to occupy | Future potential for extension or redevelopment | Suits first buyers, downsizers, investors
This property stands out for its rare combination of a generous corner allotment and immediate liveability. At roughly 731 square metres, the land is well above what is typical for the suburb, and the corner position improves access, natural light, and vehicle manoeuvring. The house itself is described as immaculately presented, meaning it can be occupied straight away without significant work, while the block’s size leaves genuine room for a future extension, a shed, or even a more ambitious redevelopment down the track. That dual appeal—comfort now, options later—makes it particularly well suited to first home buyers wanting to enter a family suburb without compromising on space, or downsizers seeking a single-level layout with outdoor room. Investors would also find the land component a strong long-term hold, given how rarely corner blocks of this size come up in established areas.
The main factor that might shape the price is the condition and finish of the internal spaces, which the listing does not detail beyond the overall presentation. If the kitchen and bathroom are original, a buyer might need to budget for updates within the first few years. The single central bathroom could also be a limitation for families, though it is unlikely to deter the target buyer groups. The corner position, while an advantage for access and light, might bring slightly more street exposure or noise than an interior lot, and the exact zoning or overlay controls are not confirmed. These points are worth checking, but they do not diminish the property’s core strength: a well-kept house on a substantial block in a stable, family-oriented suburb.
|| Comparable Sales: 11 Folkstone Crescent, Ferntree Gully—3 bed, 2 bath, ~721sqm, low-$1M range | Property Price Band: $900K–$1M | Value Drivers: land size, corner position, presentation quality
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Dion Street, Ferntree Gully VIC 3156
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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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: 11 Folkstone Crescent, Ferntree Gully—3 bed, 2 bath, ~721sqm, low-$1M range | Property Price Band: $900K–$1M | Value Drivers: land size, corner position, presentation quality
Bedrooms
3
Bathroom
1
Parking
2
Land
731m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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