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
2/16 Doysal Av, Ferntree gully4PriceUnitPassed in at Auction28/03/2025Barry PlantView
7/18 Hutton Av, Ferntree gully2PriceUnitAuction Sale28/03/2025Professionals Noble ParkView
9 Myrtle Cr, Ferntree gully2PriceHouse (Res)Auction Sale26/03/2025Barry Plant
4 Houghton Dr, Ferntree gully3PriceTownhouse (Res)Sold Before Auction23/03/2025Area Specialist KeysboroughView
15 Tunbridge Way, Ferntree gully4PriceHouse (Res)Auction Sale28/03/2025Noel Jones Bayswater Real EstateView
38 Bursaria Av, Ferntree gully4PriceHouse (Res)Sold Before Auction21/03/2025Barry PlantView

Sales data

Median sale price
$930k
Quarterly price change
5.7%
Metro Melbourne Comparison
$923k
2.7%
BedroomsFerntree GullyMetro comparison
2$690,000$881,200
3$830,000$810,000
4$1,005,000$942,350
InsightFerntree GullyMetro comparison
Clearance rate96.7%78.5%
Days on market2942

Rental data

Median weekly rent
$600
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.3%
BedroomsFerntree GullyMetro comparison
2$490$580
3$600$550
4$695$600
Median data for the current quarter
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