How Much is My Home Worth in Ferntree Gully?
On February 27, 2020, the median price for a house in Ferntree Gully was $700,000. A median-priced unit was valued at $542,000. So far this year, there has been 286 houses and 129 units sold. It takes approximately 52 days to sell a house. The annual capital growth for homes is 6.48% and units is 5.44%. The 12-month capital growth is -4.83% on houses and -8.15% for units. The gross rental yield for a house is 3.32% and for a unit, it is 3.90%
The Demand to Supply Ratio or DSR ranking says that an investment in houses and units is rated as very good. For both types of properties, there are more buyers than sellers. Vendors are getting what they are asking for. This is a seller’s market. The national average for property growth should stay ahead of the nation’s average.
House prices in Ferntree Gully.
- 2 bedroom home $650,000 Rent per week $370
- 3 bedroom home $687,700 Rent per week $420
- 4 bedroom home $760,000 Rent per week $490
Unit prices in Ferntree Gully.
- 2 bedroom unit $488,000 Rent per week $365
- 3 bedroom unit $605,000 Rent per week $440
Free Real Estate Appraisal Ferntree Gully
Are you going to put your house on the market for sale? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Free Rental Appraisal Ferntree Gully
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 3600 homes in Melbourne. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initia,lly we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give you a free rental appraisal that should accurately reflect your weekly rent return.
Puffing Billy Ferntree Gully 1962
Recently Rented Homes in Ferntree Gully and surrounds.
View our list of recently leased homes in Ferntree Gully and surrounding suburbs.
Lifestyle in Ferntree Gully
Ferntree Gully is at the foothills of the Dandenong Ranges. It is 32 kilometres east of the Melbourne CBD. It is located within the Knox City Council. There are multiple shopping and sporting complexes.
Schools in Ferntree Gully
There are 8 schools in Ferntree Gully.
- Fairhills Primary School – Co-ed
- Ferntree Gully North Primary School – Co-ed
- St John The Baptist School – Co-ed
- St Joseph’s Regional College – Boys
- Mountain Gate Primary School – Co-ed