Market snapshot

Suburb insights for Ferntree Gully3156

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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.

Recent sales and auction results in Ferntree Gully

AddressBedroomsPriceTypeMethodSale DateAgentListing
6/7 Hillcrest Av, Ferntree gully3PriceUnitAuction Sale20/07/2024VICPROP FERNTREE GULLYView
19 Johnson Dr, Ferntree gully3PriceHouse (Res)Auction Sale20/07/2024Buxton
29 Alvina St, Ferntree gully3PriceHouse (Res)Private Sale16/07/2024Barry PlantView
6 Kenwyn Ct, Ferntree gully3PriceHouse (Res)Private Sale11/07/2024Barry PlantView
14A Ferguson Ct, Ferntree gully4PriceHouse (Res)Sold Before Auction10/07/2024Barry PlantView
29 Moore St, Ferntree gully3PriceHouse (Res)Private Sale5/07/2024Barry PlantView
5/30a Forest Rd, Ferntree gully2PriceUnitPrivate Sale25/06/2024Barry PlantView

Sales data

Median sale price
$900k
Quarterly price change
-0.9%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsFerntree GullyMetro comparison
2-$902,500
3$825,000$810,000
4$990,000$955,000
InsightFerntree GullyMetro comparison
Clearance rate87.7%73.8%
Days on market2842

Rental data

Median weekly rent
$565
Rental yield
3.2%
Metro Melbourne Comparison
$560
3.2%
BedroomsFerntree GullyMetro comparison
2-$550
3$550$540
4$618$580
Median data for the current quarter
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