Upper Ferntree Gully, VIC 3156
Compare Part of Yarra Ranges
31.79 km
Distance from Melbourne CBD
36 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $350,000 | 0.0% | $150,000 | $625,000 | 43 |
| 2010 | $435,000 | +19.5% | $110,000 | $700,000 | 49 |
| 2011 | $386,600 | -12.5% | $238,000 | $2,550,000 | 47 |
| 2012 | $425,000 | +9.0% | $263,000 | $803,000 | 56 |
| 2013 | $440,000 | +3.4% | $267,000 | $709,000 | 67 |
| 2014 | $500,000 | +12.0% | $336,000 | $720,000 | 50 |
| 2015 | $552,000 | +9.4% | $350,500 | $765,000 | 50 |
| 2016 | $613,770 | +10.1% | $350,000 | $1,285,000 | 54 |
| 2017 | $700,000 | +12.3% | $507,000 | $1,260,000 | 51 |
| 2018 | $720,000 | +2.8% | $550,000 | $1,150,000 | 49 |
| 2019 | $657,300 | -9.5% | $467,000 | $1,115,000 | 48 |
| 2020 | $740,000 | +11.2% | $521,000 | $2,150,500 | 31 |
| 2021 | $865,000 | +14.5% | $508,000 | $1,410,000 | 63 |
| 2022 | $885,000 | +2.3% | $575,000 | $2,100,000 | 37 |
| 2023 | $862,000 | -2.7% | $600,000 | $1,350,000 | 48 |
| 2024 | $938,000 | +8.1% | $620,000 | $1,420,000 | 7 |
Median Sale Price
$899K
Based on 43 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+7.3%
Current Median Price: $899,000
Previous Median Price: $833,000
Based on 80 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $280 | $520 | 28 |
| 2012 | $365 | +4.1% | $280 | $415 | 23 |
| 2013 | $365 | 0.0% | $265 | $600 | 17 |
| 2014 | $360 | -1.4% | $190 | $500 | 12 |
| 2015 | $370 | +2.7% | $200 | $495 | 28 |
| 2016 | $390 | +5.1% | $286 | $480 | 30 |
| 2017 | $380 | -2.6% | $310 | $650 | 17 |
| 2018 | $450 | +15.6% | $350 | $600 | 16 |
| 2019 | $400 | -12.5% | $250 | $580 | 25 |
| 2020 | $420 | +4.8% | $290 | $510 | 14 |
| 2021 | $440 | +4.5% | $240 | $550 | 19 |
| 2022 | $500 | +12.0% | $330 | $750 | 24 |
| 2023 | $550 | +9.1% | $370 | $850 | 21 |
| 2024 | $685 | +19.7% | $530 | $685 | 2 |
Median Rent Price
$550
per week
Based on 14 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+5.5%
Current Median Rent: $550
Previous Median Rent: $520
Based on 37 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $899,000
Current Median rent: $550
Based on 57 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Upper Ferntree Gully
Houses sold in Last 12 months ends 20 Apr 2024
$795K
Median Sale Price
82%
Clearance Rate
18/22
Sold/Reported
$1.2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $800 K - $1 M | 5 | |
| $600 K - $800 K (Median Price Range) | 10 | |
Similar Suburbs to Upper Ferntree Gully 3156
Based on median house sale price sold in last 12 months
Schools closest to Upper Ferntree Gully, VIC 3156
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Upper Ferntree Gully Primary School | TALASKIA ROADUpper Ferntree Gully 3156 | Primary | Government | 0.4 km |
| St Joseph's College | 5 BRENOCK PARK DRIVEFerntree Gully 3156 | Secondary | Catholic | 1.27 km |
| St John the Baptist School | 17 FOREST RDFerntree Gully 3156 | Primary | Catholic | 1.53 km |
| Ferntree Gully North Primary School | 111 FOREST ROADFerntree Gully 3156 | Primary | Government | 2.34 km |
| Upwey South Primary School | 91 MORRIS ROADUpwey 3158 | Primary | Government | 2.55 km |