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Suburb Insights ยท VIC 3156

Ferntree Gully 3156, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Ferntree Gully is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 27,398, making it a sizeable community. Located approximately 29 km from the Melbourne CBD, Ferntree Gully is a outer metro area in Victoria. The median household income is $92,040 AUD per year (ABS 2021 Census).

Investment Score

64 / 100 Good

Strong household incomes in Ferntree Gully underpin solid property demand.

Location

Map shows Ferntree Gully, Victoria, Australia.

Key Indicators

Postcode
3156

Official Australia Post postcode for Ferntree Gully. A postcode may cover multiple suburbs.

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Population
27,398

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$386/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$92,040/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
29 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
7

Estimated 7 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
11

Estimated 11 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,918/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
84% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Ferntree Gully's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $386/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,918/month. The median household income of $92,040/year reflects a solid demographic, supporting sustainable rental demand. 84% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Ferntree Gully could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Ferntree Gully are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Older housing stock in Ferntree Gully combined with strong buyer demand creates solid renovation upside.

Risk Factors

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Full Property Analysis

30-year projections for Ferntree Gully

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Ferntree Gully is expected to see moderate price growth in 2026 as the broader Victoria market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. The market mood around Ferntree Gully is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Ferntree Gully a good suburb for investment?

Ferntree Gully is a outer metro area in Victoria with a population of 27,398. The median rent is $386/week and the median household income is $92,040/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Ferntree Gully?

Key demand drivers in Ferntree Gully include affordability relative to inner suburbs and expanding infrastructure. 84% of dwellings are separate houses. The area has approximately 7 schools and 11 parks nearby.

What is the population of Ferntree Gully?

According to the ABS 2021 Census, Ferntree Gully has a population of approximately 27,398. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Ferntree Gully from the Melbourne CBD?

Ferntree Gully is approximately 29 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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