$411 —
Higher than 75% of state electorate areas.
- 2016: $360
- 2021: $411
Median weekly rent paid by households renting their home.
Ferntree Gully (Eastern Metropolitan) · State Electorate
Where and how people live — the homes, how they are held, and what they cost.
Much higher typical rents than most similar areas define the housing market in Ferntree Gully. The suburb is dominated by large family homes, with 84.3% of dwellings having three or more bedrooms. This creates a residential landscape where home ownership is common and renting is far less frequent than in other parts of the state.
All state electorate areas, 2021. The marker is Ferntree Gully (Eastern Metropolitan) — higher than 75% of areas.
| Ferntree Gully (Eastern Metropolitan) | $411 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $411, which is much higher than most areas and a little above the Victorian figure of $370. Monthly mortgage payments have also climbed, rising $267 since 2016 to reach a typical $2,000.
$411 —
Higher than 75% of state electorate areas.
Median weekly rent paid by households renting their home.
$2,000 —
Higher than 68% of state electorate areas.
Median monthly mortgage repayment for households with a mortgage.
In Ferntree Gully (Eastern Metropolitan), $350–$549 is the majority at 68%; $200–$349 is next at 15%.
In Ferntree Gully (Eastern Metropolitan), the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (26%) and $3,000 or more (20%).
How homes are owned or rented.
Home ownership is strong here, with 35.8% of homes owned outright—well above the national figure of 31.0%. Meanwhile, the 21.4% of households that rent is well below both the state and national averages.
21.4% —
Lower than 79% of state electorate areas.
Share of occupied private dwellings that are rented.
35.8% —
Higher than 71% of state electorate areas.
Share of occupied private dwellings owned outright (no mortgage).
Ferntree Gully (Eastern Metropolitan) splits fairly evenly between Owned with a mortgage (39%) and Owned outright (36%), with Rented at 21%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 84.0% of the market, which is far above the Victorian average of 73.4%. This explains why 84.3% of homes have three or more bedrooms, a figure far above the national average.
0.80 —
Lower than 71% of state electorate areas.
Average number of usual residents per bedroom — a crowding measure.
84.0% —
Higher than 58% of state electorate areas.
Share of occupied private dwellings that are separate houses.
84.3% —
Higher than 74% of state electorate areas.
Share of occupied private dwellings with three or more bedrooms.
In Ferntree Gully (Eastern Metropolitan), Separate house is the majority at 84%; Townhouse / semi-detached is next at 13%.
In Ferntree Gully (Eastern Metropolitan), the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (32%) and 2 bedrooms (13%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Ferntree Gully (Eastern Metropolitan) [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sed/SED22901/ferntree-gully/topic/housing-dwellings