Market snapshot
Suburb insights for Ferntree Gully3156
Change suburbFerntree Gully, nestled at the base of the Dandenong Ranges approximately 30 km east of the Melbourne CBD, is a picturesque suburb known for its parks, bushwalking trails, and historic village centre. With access to Ferntree Gully National Park, strong community ties, and a local train station, it attracts both outdoor enthusiasts and families.
Sales data
Median sale price
$960k
Quarterly price change
-1.5%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $705,000 | $950,000 |
| 3 | $900,000 | $872,000 |
| 4 | $1,100,000 | $990,000 |
| Insight | Ferntree Gully | Metro comparison |
|---|---|---|
| Clearance rate | 75.9% | 68.8% |
| Days on market | 23 | 42 |
Rental data
Median weekly rent
$640
Rental yield
3.4%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $555 | $600 |
| 3 | $620 | $560 |
| 4 | $750 | $600 |
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