Ferntree Gully sits at the gateway to the Dandenong Ranges in Melbourne’s outer east, offering a nature-adjacent lifestyle with reasonable CBD connectivity via the Belgrave line. The suburb’s proximity to Wantirna South’s industrial precinct and EastLink access makes it popular with blue-collar and trade workers who are strong rental tenants.
Ferntree Gully Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $810,000 | $545,000 |
| Gross Rental Yield | 4.2% | 5.0% |
| Annual Growth (5yr avg) | 5.3% | 4.2% |
| Median Weekly Rent | $515 | $415 |
| Days on Market | 25 | 21 |
| Vacancy Rate | 1.2% | 1.4% |
Is Ferntree Gully a Good Investment?
Ferntree Gully scores 7.1/10 on the GeeVee Investment Score. A solid combination of entry-level pricing, above-average yield and consistent demand from the industrial workforce makes it a reliable cash flow play. Heritage overlay and tree canopy protections in parts of the suburb limit new supply.
Off-Market Properties in Ferntree Gully
Access off-market listings in Ferntree Gully and the Belgrave corridor: collings.com.au/portal.
Frequently Asked Questions
What is the median house price in Ferntree Gully?
The median house price in Ferntree Gully is approximately $810,000 in 2026.
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