Auction Times
Sat 29 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 60 Forest Road 4 2 1 House | 12:30 PM Sat 29th Feb | Hocking Stuart |
 | 19 McMahons Rd 4 2 4 House | 3:00 PM Sat 29th Feb | Ray White |
 | 17 Riparian Way 4 3 2 House | 4:30 PM Sat 29th Feb | Ray White |
 | 10 Cutler Close 3 2 2 House | 5:00 PM Sat 29th Feb | Ray White |
Median Sale Price
House
$692K
Updated on Jan 2020
2 BR $640K | 3 BR $685K | 4 BR $750K |
Unit
$540K
Updated on Jan 2020
1 BR - | 2 BR $488K | 3 BR $600K |
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 | $428,000 | -4.4% | $261,750 | $945,000 | 319 |
| 2012 | $430,000 | +0.5% | $237,000 | $985,100 | 271 |
| 2013 | $456,000 | +5.7% | $240,000 | $2,850,000 | 389 |
| 2014 | $502,500 | +9.3% | $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 | $758,000 | +9.0% | $612,000 | $1,002,000 | 30 |
Median Sale Price
$703K
Based on 270 recorded sales within the last 12 months
Updated on 25 Feb 2020
Suburb Growth
-2.4%
Current Median Price: $703,000
Previous Median Price: $720,000
Based on 513 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$420
Updated on Jan 2020
2 BR $360 | 3 BR $400 | 4 BR $465 |
Unit
$380
Updated on Jan 2020
1 BR $280 | 2 BR $350 | 3 BR $433 | 4 BR $520 |
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 | $390 | +2.6% | $270 | $600 | 271 |
| 2017 | $410 | +4.9% | $280 | $850 | 348 |
| 2018 | $420 | +2.4% | $270 | $630 | 349 |
| 2019 | $420 | 0.0% | $21 | $1,912 | 287 |
| 2020 | $440 | +4.5% | $250 | $550 | 16 |
Median Rent Price
$430
per week
Based on 255 recorded rent within the last 12 months
Updated on 25 Feb 2020
Rent Price Growth
+2.3%
Current Median Rent: $430
Previous Median Rent: $420
Based on 608 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $703,000
Current Median rent: $430
Based on 525 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Ferntree Gully
Houses sold in Last 12 months ends 22 Feb 2020
$702K
Median Sale Price
91%
Clearance Rate
147/163
Sold/Reported
$1.05M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 4 | |
| $800 K - $1 M | 23 | |
| $600 K - $800 K (Median Price Range) | 77 | |
| $400 K - $600 K | 18 | |
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 |