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Ferntree Gully, VIC 3156
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$950,000
market range $925K-$1.1M
Median Unit
$710,000
market range $675K-$750K
Gross Yield (units)
4.3%
1yr Growth (houses)
+7.1%
market range -5.0% to +12.5%
Investment snapshot for Ferntree Gully
Ferntree Gully has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Ferntree Gully market and investor summary
In Ferntree Gully, VIC 3156, the median house sells for around $950K. House prices have moved +7.1% over the past year. At 2.0% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 2.0% and a resident base that is not shrinking.
Living in Ferntree Gully: people, income and schools
About 27,398 people live in Ferntree Gully, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and 79% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $92,000 a year (about $1,770 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
Families have 35 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Ferntree Gully sits about 30 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 56 for walkability and 95 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 27,398
- +0% over 5yr
- Median age
- 40 years
- Median household income
- $92,000/yr
- Households renting
- 21%
- Family households
- 48%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 35
- avg ICSEA 1061
- Unemployment
- 4.6%
- Distance to CBD
- 30 km
- Walk score
- 56/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Ferntree Gully
View all →Frequently asked questions about Ferntree Gully
What should I check before investing in Ferntree Gully?
Ferntree Gully has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +7.1% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Ferntree Gully?
The median property price in Ferntree Gully, VIC 3156 is $950K for houses and $710K for units.
What rental yield does Ferntree Gully show?
The gross rental yield in Ferntree Gully is 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Ferntree Gully?
House prices in Ferntree Gully are up 7.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Ferntree Gully?
The current vacancy rate in Ferntree Gully is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Ferntree Gully?
Ferntree Gully has a population of approximately 27,398 residents, with a median age of 40.
What schools are near Ferntree Gully?
There are 35 schools within roughly 5km of Ferntree Gully. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Ferntree Gully affordable to buy in?
A median house in Ferntree Gully costs about 10.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Ferntree Gully's population growing?
The population of Ferntree Gully has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Ferntree Gully from the CBD?
Ferntree Gully is about 30 km from the CBD.
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