Profile for Ferntree Gully

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Ferntree Gully is located 29 km east of the CBD. Located in Melbourne's outer eastern suburbs Ferntree Gully is a large primarily residential suburb. The suburb includes significant commercial centres near the Ferntree Gully railway station and along the Burwood Highway. A high proportion of the work force is employed in manufacturing and wholesale and retail trade sectors. Ferntree Gully also features the Ferntree Gully Cemetery the Ferntree Gully Recreation Reserve and Glenfern Park.

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Recent Sales & Auction Results in Ferntree Gully

Address Price Type Method Sale Date Agent
Property List
7 Genevieve Ct, Ferntree gully 4 House (Res) Auction Sale 04/05/2024 Ray White Ferntree Gully
9 Myrtle Cr, Ferntree gully 2 House (Res) Passed in Vendor Bid 04/05/2024 OBrien Real Estate Blackburn
51 Westley St, Ferntree gully 4 House (Res) Auction Sale 04/05/2024 VICPROP FERNTREE GULLY
4 Cardwell Ct, Ferntree gully 3 House (Res) Sold Before Auction 03/05/2024 First National Janssen & Co Kew
1816 Ferntree Gully Rd, Ferntree gully 3 House (Res) Sold Before Auction 01/05/2024 Biggin & Scott Glen Waverley
13 Dorothy Gr, Ferntree gully 3 House (Res) Sold Before Auction 26/04/2024 Stockdale & Leggo Ferntree Gully

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$908k

Metro Melbourne

$929k

Quarterly Price Change

0%

Metro Melbourne

2%

Median Rent

$550

Metro Melbourne

$550

Rental Yield

3.2%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 87.8% 75.3%
Days on Market 28 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $820,000 $810,000
4 Bedrooms $975,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $520 $520
4 Bedrooms $600 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$675k

Metro Melbourne

$635k

Quarterly Price Change

-0.4%

Metro Melbourne

0.3%

Median Rent

$500

Metro Melbourne

$520

Rental Yield

3.8%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 87.8% 75.3%
Days on Market 28 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $587,500 $600,000
3 Bedrooms $731,500 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms $460 $540
3 Bedrooms $560 $620

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