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City of Knox

Upper Ferntree Gully

Upper Ferntree Gully Property Market
& Suburb Profile

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MEDIAN PRICES IN UPPER FERNTREE GULLY

Median house price

(all agencies, last 12 months)$913k*

House price change

(all agencies, last 12 months)+7.04%

Median unit price

(all agencies, last 12 months)$501k*

Unit price change

(all agencies, last 12 months)-22.7%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

UPPER FERNTREE GULLY price TRACKER

HousesUnits

Upper Ferntree Gully sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)15

Average held period in Upper Ferntree Gully

(proptrack)18 years

Upper Ferntree Gully Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$643pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$552pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.58%

Average rental yield for Units

(all agencies, last 12 months)4.21%

Upper Ferntree Gully total population size

(as at the last census)3,417

Median household size in Upper Ferntree Gully

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Upper Ferntree Gully property types

  • Houses 56%
  • Units 10%
  • Other 34%

OCCUPANCY in Upper Ferntree Gully

  • Owned 84%
  • Rented 14%
  • Other/Not Stated 2%
  • Singles 23%
  • Families 75%
  • Other 2%

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About Upper Ferntree Gully

Upper Ferntree Gully is 32km east of Melbourne’s CBD.

Upper Ferntree Gully is home to Ferntree Gully Park and the popular Kokoda Memorial Track, also known as the 1000 steps, a popular walking track amongst day trippers and those looking for a free workout in beautiful natural surrounds.
A 10-minute drive will bring you to Knox Shopping Centre, a Westfield complex including grocery stores, speciality shops, contemporary dining and Village Cinemas.

Great for:

  • Childcare
  • Clean & Green
  • Gym & Fitness
  • Medical Facilities
  • Parking

Who lives here?

  • Professionals
  • Families with kids
  • Singles
  • Retirees
  • Country Lovers

Reference: Wikipedia and Homely

Are we missing anything about Upper Ferntree Gully, or does anything here need updating? Feel free to email us suggestions to: [email protected].

Education

Upper Ferntree Gully Primary School
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Sales Comparison

Find out how Upper Ferntree Gully median sales prices compare to neighbouring suburbs.

Upper Ferntree Gully MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202551$706,5007.04%23$598pw3.90%
202454$747,5000.47%26$577pw3.94%
202353$724,800-4.41%29$535pw3.72%
202249$756,5002.31%39$465pw3.39%
202168$732,50016.89%34$426pw2.90%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202551$706,500+7.04%
202454$747,500+0.47%
202353$724,800-4.41%
202249$756,500+2.31%
202168$732,500+16.89%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202523$598pw3.90%
202426$577pw3.94%
202329$535pw3.72%
202239$465pw3.39%
202134$426pw2.90%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.