On June 26, 2017 the median price for a house was $690,500 On the same day the median price of a unit was $520,000. Ferntree Gully is good for investors. The average capital growth should stay ahead of the national average. According to the Demand to Supply Ratio this suburb is rated as very good. Sellers do not have to wait long to get the price they are asking for. There is a strong demand for property. The 12 month capital growth for houses is 9.61% and for units it is 11.11%. The annual capital growth for houses is 8.91% and for units it is 7.50%.
House prices and weekly rent returns in Ferntree Gully
2 bedroom home $595,500 Rent per week $338
3 bedroom home $674,000 Rent per week $390
4 bedroom home $750,000 Rent per week $450
Unit prices and weekly rent returns in Ferntree Gully
2 bedroom unit $476,000 Rent per week $340
3 bedroom unit $541,750 Rent per week $395
Free Real Estate Appraisal Ferntree Gully
If you are selling your home we provide free property appraisals. Our appraisers will value houses, units, apartments and land based on current property prices. We also include into our appraisal the location to shops, schools and public transport. We have a database of investors interested in property for sale in Ferntree Gully to maximise your return.
Free Rental Appraisal Ferntree Gully
Are you wanting to rent your investment property? Or, do you want to rent out your home? Our property managers meet with the landlord to determine if the property is a long term or short term lease. And, what is the preferred type of tenant. When we do our free rental appraisal we will include this information in our findings. We will demonstrate to the landlord how much rent per week they can expect. We have a database of people wanting to rent in Ferntree Gully. This can save time and advertising if we have the right match.