Upper Ferntree Gully Property Market
& Suburb Profile

Upper Ferntree Gully remains a highly coveted destination for those seeking a semi-rural atmosphere characterised by steep, leafy terrain and a deep connection to nature, while still benefiting from the full suite of metropolitan services.

The suburb is perhaps best known as the entry point to the Dandenong Ranges National Park and the iconic 1000 Steps Kokoda Track Memorial Walk, which draws fitness enthusiasts and nature lovers from across Victoria. This natural amenity is complemented by a charming local village precinct near the train station, featuring a selection of independent cafes and specialty shops that foster a close-knit, community-oriented environment.

The lifestyle in Upper Ferntree Gully is uniquely supported by essential regional infrastructure, most notably the Angliss Hospital, which serves as a major healthcare anchor for the outer-eastern suburbs. Education is a primary drawcard for families, with the highly regarded Upper Ferntree Gully Primary School providing an intimate learning environment, while the suburb's position ensures easy access to secondary options like St Joseph’s College in neighbouring Ferntree Gully.

Connectivity is exceptional for a foothills suburb, as the Upper Ferntree Gully Train Station on the Belgrave line provides a direct rail link to the city, while the Burwood Highway offers a straightforward vehicular route to major retail hubs like Westfield Knox, which has recently been transformed into a premier regional dining and entertainment destination.

From a property perspective, Upper Ferntree Gully is an exclusive and tightly held market with a high owner-occupation rate. Demand for character homes on large, sloping allotments remains high. The housing stock is predominantly composed of three and four-bedroom family homes, with larger properties often commanding prices well over $1.3 million due to their unique bushland settings and valley views.

For investors, the suburb offers a stable rental market with an attractive yield, underpinned by a persistent low vacancy rate and the suburb's enduring appeal as a lifestyle-first residential enclave.