Property Growth Aus

Upper Ferntree Gully Property Growth

VIC · 3156 · Eastern Melbourne

A suburb in the Dandenong Ranges foothills about 32 km east of the CBD, genuinely split between the City of Knox and Shire of Yarra Ranges, Upper Ferntree Gully is anchored by Angliss Hospital and Ferntree Gully Park's "1,000 Steps" Kokoda Track Memorial Walk, with its own station on the Belgrave line.

ProfileLast updated: June 2026

Overview

Location: City of Knox / Shire of Yarra Ranges

A suburb in the Dandenong Ranges foothills about 32 km east of the CBD, genuinely split between the City of Knox and Shire of Yarra Ranges, Upper Ferntree Gully is anchored by Angliss Hospital and Ferntree Gully Park's "1,000 Steps" Kokoda Track Memorial Walk, with its own station on the Belgrave line.

Market Snapshot

Median House Price

$905k

Median Unit Price

$502k

Avg Days on Market

23 days

Demographics

Estimated Population

3,417

Owner Occupier Rate

84.3%

Renter Rate

14.0%

Transport & Connectivity

Upper Ferntree Gully has its own station on the Belgrave line — a ground-level premium station with an island platform, opened in December 1889, located on Burwood Highway — giving the suburb a direct one-seat rail connection to the CBD via Ringwood. Burwood Highway is the main arterial route through the suburb. Upper Ferntree Gully is approximately 32 km east of the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.

Education

Upper Ferntree Gully Primary School serves the suburb. The nearest public secondary school is Fairhills High School, located in adjoining Knoxfield. Verify current school zones at findmyschool.vic.gov.au.

Amenities & Lifestyle

Ferntree Gully Park and the 1,000 Steps Kokoda Track Memorial Walk are the suburb's signature natural and recreational assets, drawing walkers and fitness users from across Melbourne's east. Kings Park hosts football, cricket and athletics facilities.

Employment

Angliss Hospital, part of Eastern Health, is the suburb's largest single employer and a significant local jobs anchor, alongside health-adjacent services. Many residents also commute via the Belgrave line to Ringwood, Box Hill and the CBD.

Infrastructure

The Victorian Government's Burwood Highway/McMahons Road/Clyde Street intersection upgrade is a current, real safety and capacity project affecting the Ferntree Gully/Upper Ferntree Gully corridor, adding dedicated turn lanes, new traffic signals and pedestrian crossings. Check Infrastructure Australia's project pipeline or the City of Knox website for the latest updates.

Growth Drivers

  • Direct Belgrave-line rail access — A genuine one-seat CBD commute, unlike car-dependent neighbours such as The Basin.
  • Angliss Hospital employment anchor — A major public hospital precinct supports stable local jobs and rental demand from healthcare workers.
  • 1,000 Steps/Dandenong Ranges National Park proximity — Strong lifestyle appeal combining bush amenity with train access.
  • Burwood Highway/McMahons Road upgrade — A funded intersection project improving safety and traffic flow through the area.

Key Risks

  • Split council jurisdiction — The suburb straddles the City of Knox and Shire of Yarra Ranges, which can create inconsistent planning and zoning treatment depending on which side of the boundary a property sits.
  • Bushfire-prone foothill location — Parts of the suburb sit within Dandenong Ranges bushfire-risk mapping.
  • Interest rate and lending sensitivity — A meaningful share of mortgaged owner-occupiers leaves the suburb exposed to repayment stress if rates rise further.

Frequently Asked Questions

Upper Ferntree Gully combines rare direct rail access with a bushland/national-park lifestyle and a major hospital employer, though buyers should check which side of the Knox/Yarra Ranges boundary a specific property sits on, as this can affect planning treatment. This is general information only, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.

Refer to the Market Snapshot section on this page for current median price data sourced from our live database; note Upper Ferntree Gully's unit sales volume is thin, so that figure should be treated as indicative rather than statistically robust.

Upper Ferntree Gully Primary School is within the suburb; the nearest public secondary school is Fairhills High School in adjoining Knoxfield.

Upper Ferntree Gully railway station (Belgrave line) provides a direct connection toward the CBD via Ringwood. Verify current timetables before relying on commute estimates.

The 1,000 Steps Kokoda Track Memorial Walk in Ferntree Gully Park, and Kings Park for football, cricket and athletics.

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Sources

This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.