Ferntree Gully VIC 3156

Here you can find what you need to know about Ferntree Gully, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$898K Median Sale Price (National Average $485k) 277th In VIC
1.36% Median Sale Price Change (1yr) (National Average 4.30%) 300th In VIC
$575pw Median Rent (National Average $395) 265th In VIC
3.3% Median Gross Yield (National Average 4.24%) 341st In VIC
Properties sold 306
Average discounting -6.38%
Average Days on Market 36
Stock on Market 173 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Ferntree Gully, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Ferntree Gully, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Ferntree Gully, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Ferntree Gully


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State Auction Clearance Rates


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Suburb Information

Ferntree Gully, VIC 3156

Part of: Knox Council No data available

The size of Ferntree Gully is approximately 14 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Ferntree Gully in 2011 was 25,585 people. By 2016 the population was 26,433 showing a population growth of 3.3% in the area during that time. The predominant age group in Ferntree Gully is 30-39 years. Households in Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferntree Gully work in a professional occupation. In 2011, 78.9% of the homes in Ferntree Gully were owner-occupied compared with 77% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Ferntree Gully

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Ferntree Gully   for Houses in last 12 months


There have been 306 Houses sold in Ferntree Gully in the past 12 months with a median sale price of $898K, up 1.4% annually. It takes on average 23 days to sell with vendor discounting of -6.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Boronia VIC, 3155 1.32% $846,000 $550pw 3.4% View Suburb Profile
Upper Ferntree Gully VIC, 3156 3.76% $855,000 $578pw 3.5% View Suburb Profile
Rowville VIC, 3178 1.21% $1,088,000 $650pw 3.1% View Suburb Profile
Knoxfield VIC, 3180 3.50% $960,000 $580pw 3.1% View Suburb Profile
Bayswater VIC, 3153 -0.12% $844,000 $550pw 3.4% View Suburb Profile
Fernvale QLD, 4306 19.46% $660,000 $533pw 4.2% View Suburb Profile