Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $376,250 | 0.0% | $250,000 | $766,000 | 299 |
| 2010 | $449,000 | +16.2% | $215,666 | $1,110,000 | 290 |
| 2011 | $430,000 | -4.4% | $261,750 | $945,000 | 319 |
| 2012 | $430,000 | 0.0% | $237,000 | $985,100 | 271 |
| 2013 | $457,000 | +5.9% | $240,000 | $2,850,000 | 389 |
| 2014 | $505,000 | +9.5% | $222,500 | $1,850,002 | 369 |
| 2015 | $590,000 | +14.4% | $267,000 | $1,320,000 | 366 |
| 2016 | $650,000 | +9.2% | $350,000 | $1,255,000 | 331 |
| 2017 | $748,888 | +13.2% | $397,000 | $1,120,000 | 344 |
| 2018 | $730,000 | -2.6% | $407,000 | $2,200,000 | 257 |
| 2019 | $690,000 | -5.8% | $402,000 | $1,790,000 | 272 |
| 2020 | $758,000 | +9.0% | $400,000 | $1,291,000 | 227 |
| 2021 | $873,000 | +13.2% | $480,000 | $1,705,500 | 360 |
| 2022 | $877,000 | +0.5% | $430,000 | $1,867,000 | 282 |
| 2023 | $901,000 | +2.7% | $556,000 | $1,700,000 | 288 |
| 2024 | $880,000 | -2.4% | $350,000 | $2,037,000 | 305 |
Median Sale Price
$880K
Based on 305 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-2.4%
Current Median Price: $880,000
Previous Median Price: $901,000
Based on 595 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $210 | $520 | 162 |
| 2012 | $350 | +2.9% | $140 | $600 | 206 |
| 2013 | $360 | +2.8% | $120 | $620 | 219 |
| 2014 | $365 | +1.4% | $190 | $630 | 154 |
| 2015 | $380 | +3.9% | $230 | $630 | 305 |
| 2016 | $395 | +3.8% | $270 | $600 | 271 |
| 2017 | $410 | +3.7% | $290 | $850 | 348 |
| 2018 | $420 | +2.4% | $280 | $630 | 350 |
| 2019 | $420 | 0.0% | $21 | $1,912 | 291 |
| 2020 | $440 | +4.5% | $250 | $660 | 197 |
| 2021 | $450 | +2.2% | $250 | $2,042 | 238 |
| 2022 | $480 | +6.3% | $320 | $850 | 270 |
| 2023 | $525 | +8.6% | $350 | $790 | 201 |
| 2024 | $600 | +12.5% | $400 | $1,000 | 177 |
Median Rent Price
$600
per week
Based on 179 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+11.7%
Current Median Rent: $600
Previous Median Rent: $530
Based on 380 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $880,000
Current Median rent: $600
Based on 484 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Ferntree Gully
Houses sold in Last 12 months ends 21 Dec 2024
$912K
Median Sale Price
74%
Clearance Rate
107/145
Sold/Reported
$1.45M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 9 | |
| $1 M - $1.2 M | 17 | |
| $800 K - $1 M (Median Price Range) | 46 | |
| $600 K - $800 K | 20 | |
Similar Suburbs to Ferntree Gully 3156
Based on median house sale price sold in last 12 months
Schools closest to Ferntree Gully, VIC 3156
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St John the Baptist School | 17 FOREST RDFerntree Gully 3156 | Primary | Catholic | 0.44 km |
| St Joseph's College | 5 BRENOCK PARK DRIVEFerntree Gully 3156 | Secondary | Catholic | 0.96 km |
| Ferntree Gully North Primary School | 111 FOREST ROADFerntree Gully 3156 | Primary | Government | 0.95 km |
| Wattle View Primary School | WATTLETREE ROADFerntree Gully 3156 | Primary | Government | 1.76 km |
| Upper Ferntree Gully Primary School | TALASKIA ROADUpper Ferntree Gully 3156 | Primary | Government | 2.18 km |