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Upper Ferntree Gully
VIC, 3156 - Knox

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.

Household Makeup

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

Housing Stock

Average Property Prices

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

Upper Ferntree Gully Real Estate Market Outlook

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.

Houses for sale Upper Ferntree Gully

Fletchers 7 old belgrave rd, upper ferntree gully, vic, 3156 Beds4 Bathrooms2 Parking 1 For Sale $780,000 - $858,000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Upper Ferntree Gully weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

UpweyTremontFerntree GullyTecomaFerny CreekLysterfieldBelgraveBelgrave HeightsSherbrookeThe Basin

Public Transport


General Points of Interest

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