Market snapshot
Suburb insights for Ferntree Gully3156
Change suburbFerntree 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 7 Florida Dr, Ferntree Gully | 3 |  | House | Auction Sale | 25/07/2025 | LLC Real Estate | View |
| 2 Linda Cr, Ferntree Gully | 3 |  | House | Auction Sale | 25/07/2025 | Barry Plant | View |
| 14 Ross St, Ferntree Gully | 4 |  | House | Auction Sale | 25/07/2025 | Ray White Forest Hill | View |
| 41 Silverton Dr, Ferntree Gully | 3 |  | House | Auction Sale | 25/07/2025 | Stockdale & Leggo Ferntree Gully | View |
| 2/19 Alvina St, Ferntree Gully | 2 |  | Unit | Private Sale | 2/07/2025 | Barry Plant | View |
| 1/9 Elton Rd, Ferntree Gully | 3 |  | Unit | Private Sale | 1/07/2025 | Barry Plant | View |
Sales data
Median sale price
$912k
Quarterly price change
1.6%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $716,768 | $890,000 |
| 3 | $843,000 | $815,000 |
| 4 | $1,040,000 | $950,000 |
| Insight | Ferntree Gully | Metro comparison |
|---|---|---|
| Clearance rate | 87.3% | 79.5% |
| Days on market | 28 | 39 |
Rental data
Median weekly rent
$610
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $500 | $580 |
| 3 | $600 | $550 |
| 4 | $700 | $600 |
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