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 |
|---|---|---|---|---|---|---|---|
| 9 Windermere Dr, Ferntree gully | 3 |  | House (Res) | Auction Sale | 14/02/2025 | VICPROP | View |
Sales data
Median sale price
$889k
Quarterly price change
2.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $672,650 | $888,000 |
| 3 | $820,000 | $807,000 |
| 4 | $1,007,500 | $950,000 |
| Insight | Ferntree Gully | Metro comparison |
|---|---|---|
| Clearance rate | 83.3% | 72.6% |
| Days on market | 29 | 43 |
Rental data
Median weekly rent
$600
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Ferntree Gully | Metro comparison |
|---|---|---|
| 2 | $510 | $575 |
| 3 | $590 | $550 |
| 4 | $675 | $600 |
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