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
28 Corbert Ct, Ferntree gully 4 House (Res) Auction Sale 08/06/2024 VICPROP FERNTREE GULLY
13 Lynn Dr, Ferntree gully 3 House (Res) Auction Sale 08/06/2024 VICPROP FERNTREE GULLY
66 Taldra Dr, Ferntree gully 4 House (Res) Auction Sale 06/06/2024 One Agency Zhu Property
2 Mason St, Ferntree gully 4 House Private Sale 21/05/2024 Chandler & Co Real Estate
7 Austin St, Ferntree gully 3 House (Res) Auction Sale 08/06/2024 VICPROP 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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