Ferny Creek vs Strathkellar
Property investment comparison - Ferny Creek, VIC 3786 vs Strathkellar, VIC 3301
Head-to-head across core investment metrics: Ferny Creek wins 3, Strathkellar wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Ferny Creek | Strathkellar |
|---|---|---|
| Median house price | $1.0M | $1.1M |
| Median unit price | $1.2M | $560K |
| Gross rental yield (houses) | 3.53% | 2.23% |
| Gross rental yield (units) | - | 5.46% |
| 1-year house growth | +2.1% | - |
| 3-year house growth | +13.9% | - |
| Vacancy rate | 8.4% | 14.3% |
| Population | 1,524 | 84 |
Ferny Creek vs Strathkellar: what the numbers say
The median house price is $1.0M in Ferny Creek and $1.1M in Strathkellar, so Ferny Creek is the cheaper entry point.
For units, Ferny Creek sits at a median of $1.2M against $560K in Strathkellar, which makes Strathkellar the more affordable unit market and Ferny Creek the pricier one.
On cash flow, Ferny Creek leads: houses there return a gross rental yield of 3.53%, compared with 2.23% in Strathkellar, a gap of 1.30 percentage points.
Rental vacancy is 8.4% in Ferny Creek and 14.3% in Strathkellar, so landlords in Ferny Creek face less competition for tenants.
Ferny Creek is the bigger suburb, with a population of 1,524 against 84, roughly 18 times the size of Strathkellar; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ferny Creek for rental income, Ferny Creek for a lower purchase price, Ferny Creek for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison