Thinking about buying in Upper Ferntree Gully? Now could not be a better time, with 1644 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,088,000 with prices in this suburb ranging from $317,000 to $4,516,000. The aproximate distance to the coast is 21 Km.
Median Weekly Rent | $371.27 |
Median Monthly Mortgage | $1935.18 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.73 |
Average Age | 41.91 |
Average Income | $861.73 |
Average Cars Per Dwelling | 1.91 |
Average Properties Within 50M | 9 |
1 Bed  $707,000 |
2 Bed  $770,000 |
3 Bed  $1,062,000 |
4 Bed  $1,280,000 |
5 Bed  $1,470,000 |
6 Bed+$1,827,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Upper Ferntree Gully are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Upper Ferntree Gully classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Upper Ferntree Gully necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Upper Ferntree Gully we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Upper Ferntree Gully a better buying opportunity than it may have been in the past.
UNIT 1, 46 JANIESLEIGH RD, UPPER FERNTREE GULLY, VIC, 3156 | 3 | 1 | 4 | 725000 |
Upper Ferntree Gully Primary School
St Joseph's College
St John the Baptist School
Upwey Primary School
Upwey High School
Ferny Creek Primary School
Upwey South Primary School
Ferntree Gully North Primary School
Eastern Ranges School
Lysterfield Primary School
(While the above schools are located with the suburb of Upper Ferntree Gully there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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