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This property has been sold for $850,000 on 5 Sept 2026

47 days on market

Market context at sale

Suburb cycle phase
Rising
RBA cash rate
4.35%
Suburb median (September 2026)
$950,000(-11%)

Listing journey

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This property went through 1 price reduction over 47 days on market. See what it first asked, every reduction along the way, and what it finally sold for.

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29A Silverton Dr, Ferntree Gully, VIC, 3156

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House
Auction

Asking Price

$750,000 - $825,000

Unlock listing CompareModel cashflow
4 Beds3 Baths0 Cars
Land: 245 m2
Floor: 111 m2
Built: 1980

Property overview

This 4-bedroom house at 29A Silverton Dr in Ferntree Gully, VIC 3156 sold for $850K in September 2026, with 3 bathrooms. It offers a 245 m2 block and 111 m2 of internal living space. The house was built in 1980. Ferntree Gully sits about 30 km from the CBD, where the median house price is $950K. Council data records heritage overlay on the site. There are 35 schools within roughly 5km, and the area scores 56 for walkability and 95 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $825,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk
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Listed

Updated

Days on market

47

Latest price change

$950,000 to $825,000

Investment Score

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Ferntree Gully at a glance

House market signals | VIC 3156

Full suburb profile

Median

$950K

postcode 3156 area figure

Market signals

To CBD

30 km

Est. Valuation

$884,080

Potential Sell Price

Est. Rent/wk

$775

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 13% below suburb median
Suburb grew +7.1% last year
Suburb avg 25 days on market
Going to auction
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

NRZ4

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$825,000
Stamp Duty (Victoria)
$44,570
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$873,770

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3156
Original listing
Original listing is on paid plans

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Auction vs private sale: which gets sellers a better price

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How accurate are AU property valuations?

Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.

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[Sold] 29A Silverton Dr, Ferntree Gully, VIC, 3156: House