107 Cambden Park Parade, Ferntree Gully VIC 3156
107 Cambden Park Parade, Ferntree Gully VIC 3156
3-bed on 733m² block | 112m² single-level footprint | established Ferntree Gully pocket | strong family and investor demand | 3/1/2 classic configuration
The defining strength of this property is its substantial 733 square metre land holding, which sets it apart within a suburb where many homes trade on the strength of site value rather than building size. The modest 112 square metre single-level house is positioned on a quiet, leafy street, offering a solid foundation for a first-home buyer, downsizer, or investor seeking to enter a well-serviced established area. The configuration of three bedrooms, one bathroom, and two parking spaces is straightforward and functional, with the generous block providing genuine outdoor space, potential for a future extension or redevelopment, and a level of privacy that newer infill product often lacks. This house is best suited to those who see the land as the primary long‑term driver of value, and who are prepared to either live in the home as‑is while improving it gradually, or hold it as a stable rental with reasonable yield.
The dated interior and the likelihood of an older build standard may introduce a higher-than-expected renovation budget, so a professional building inspection is advised to identify structural or service updaes that could affect the final outlay. The compact internal area might limit appeal to buyers expecting a more generous floor plan for the land size, and the absence of a second bathroom could be a point of negotiation for families. Buyer competition from investors seeking rental income, combined with the current healthy demand in the suburb, might support a firm price, but the final result is likely to hinge on how the condition and presentation of the house are perceived against the rarity of a 733 square metre block.
Detailed Independent Property Report prepared by PropCred Analyst team for 107 Cambden Park Parade, Ferntree Gully VIC 3156
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Ferntree Gully is a mature residential market drawing professionals aged 30-39, who dominate buyer activity. Houses spend a median 22 days on the market and units just 16, with auction clearance rates of 81.2% and 83.3%, indicating strong demand. The median house price is $931,000 after 4.49% annual growth; units have risen 8.3% to $720,000, a spread that suggests affordability constraints are shifting buyers toward higher-density stock. Rental yields sit at 4.4% for both, with house rents up 4.2% and unit rents 7.8% over the year, reinforcing income potential. The clearance rates and rental momentum point to a tight market, with unit values likely to keep pace as house prices test buyer capacity.
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PropCred Estimated Value
Comparable Sales: 101 Cambden Park Parade sold $1.00M | Property Price Band: $0.9M–$1.0M | Value Drivers: land size, condition, street aspect.
Bedrooms
3
Bathroom
1
Parking
2
Land
733m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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