Auction Times
Thu 21 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 4/44 Conn Street 3 1 1 Unit | 6:30 PM Thu 21st Jan | Ray White |
Sat 23 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 25 Perra Street 4 2 2 House | 12:00 PM Sat 23rd Jan | Ray White |
 | 2/92 mountain gate Drive 3 2 1 House | 1:00 PM Sat 23rd Jan | Knox Property Experts |
 | 53 Chestnut Avenue 3 1 1 House | 1:00 PM Sat 23rd Jan | Ray White |
Median Sale Price
House
$750K
Updated on Dec 2020
2 BR $677K | 3 BR $714K | 4 BR $838K |
Unit
$599K
Updated on Dec 2020
1 BR - | 2 BR $525K | 3 BR $618K |
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 | $447,000 | +15.8% | $215,666 | $1,110,000 | 290 |
| 2011 | $429,000 | -4.2% | $261,750 | $945,000 | 319 |
| 2012 | $430,000 | +0.2% | $237,000 | $985,100 | 271 |
| 2013 | $456,111 | +5.7% | $240,000 | $2,850,000 | 389 |
| 2014 | $502,500 | +9.2% | $222,500 | $1,850,002 | 369 |
| 2015 | $590,000 | +14.8% | $267,000 | $1,320,000 | 366 |
| 2016 | $650,000 | +9.2% | $350,000 | $1,255,000 | 331 |
| 2017 | $748,200 | +13.1% | $397,000 | $1,120,000 | 344 |
| 2018 | $730,000 | -2.5% | $407,000 | $2,200,000 | 256 |
| 2019 | $690,000 | -5.8% | $402,000 | $1,790,000 | 266 |
| 2020 | $745,000 | +7.4% | $400,000 | $1,291,000 | 220 |
| 2021 | $885,000 | +15.8% | $885,000 | $885,000 | 2 |
Median Sale Price
$750K
Based on 220 recorded sales within the last 12 months
Updated on 16 Jan 2021
Suburb Growth
+8.0%
Current Median Price: $750,000
Previous Median Price: $690,000
Based on 485 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$433
Updated on Dec 2020
2 BR $380 | 3 BR $420 | 4 BR $470 |
Unit
$390
Updated on Dec 2020
1 BR $300 | 2 BR $370 | 3 BR $440 | 4 BR $500 |
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 | $650 | 305 |
| 2016 | $395 | +3.8% | $270 | $600 | 271 |
| 2017 | $410 | +3.7% | $280 | $850 | 348 |
| 2018 | $420 | +2.4% | $270 | $630 | 349 |
| 2019 | $420 | 0.0% | $21 | $1,912 | 288 |
| 2020 | $435 | +3.4% | $250 | $660 | 185 |
| 2021 | - | - | - | - | - |
Median Rent Price
$430
per week
Based on 177 recorded rent within the last 12 months
Updated on 16 Jan 2021
Rent Price Growth
+2.3%
Current Median Rent: $430
Previous Median Rent: $420
Based on 459 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $750,000
Current Median rent: $430
Based on 397 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Ferntree Gully
Houses sold in Last 12 months ends 9 Jan 2021
$770K
Median Sale Price
93%
Clearance Rate
100/108
Sold/Reported
$1.29M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 6 | |
| $800 K - $1 M | 29 | |
| $600 K - $800 K (Median Price Range) | 57 | |
| $400 K - $600 K | 3 | |
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 |