Average rent in Ferntree Gully (South) - Upper Ferntree Gully, VIC — 2026

Ferntree Gully (South) - Upper Ferntree Gully commands one of the higher rent points in Victoria, with the typical renter paying $405/week — about 12% above the state median of $363/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (80% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (92%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 15,334, the median age is 39, and the most common occupation category is Professionals. Ferntree Gully (South) - Upper Ferntree Gully is 29km from Melbourne. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.