Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
VIC › Upper Ferntree Gully › Musk Grove
$1,000,000
Last sold
25 Mar 2025
5
Bedrooms
3
Bathrooms
3
Car spaces
1,295 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,000,000
25 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Upper Ferntree Gully (last 5 years) with land size have a median of $796/m² of land (n=134). Districts calculation from recorded sales — not a valuation.
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Upper Ferntree Gully
+9.9%
Median sale
Suburb $910,000
-0.31 pp
Gross yield
Suburb 3.37%
Suburb median $910,000 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Upper Ferntree Gully at a glance
3,403
People
$910,000
Median sale
$589/wk
Median rent
3.37%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Chandler & Co Real EstateDiscover a once in a lifetime find, with endless possibilities for large extended families, or multiple home offices/creative spaces.
This beautifully built and well maintained, double-brick home spans two spacious levels, featuring polished hardwood floors and two beautifully renovated bathrooms with an additional guest bath. Wake up to breathtaking views in the four well sized upstairs bedrooms, including a master with a full ensuite opening onto a leafy wooden walkway/balcony. An enormous formal lounge room / fifth bedroom downstairs offers extra living space and also semi-independent living options with discreet access to the guest bath and backyard.
The expansive open plan lounge and dining area with art deco styling has floor-to-ceiling sliding doors opening on to a long balcony with serene valley views - ideal for entertaining. Open it up and let that beautiful Dandenong Ranges breeze flow through in summer, and light up the modern fireplace in winter – while ducted heating and cooling ensure year-round comfort.
The well-designed kitchen and meals area opens onto lush ferns, while the 24m² basement with a private entrance provides an ideal home office or retreat.
Beyond the home itself, the versatile jewel in this property is a separate 63m² studio/workshop that boasts premium replica wood flooring, an ensuite bathroom, built-in robes, reverse-cycle air conditioning, gas heating and an insulated ceiling.
Freshly painted and impeccably presented, this home and studio sit within a stunning natural setting backing onto forest, with a low-maintenance garden featuring cherry trees, grapevines, and expertly crafted bluestone walls.
With the convenience of shops, cafes, restaurants and schools nearby, plus Upper Ferntree Gully train station just a 5 minute walk away, you truly get the best of both worlds – tranquil forest living with easy access to Melbourne's CBD, all within walking distance of the iconic 'Thousand Steps'.
Don't miss this rare opportunity – inspect today and experience it for yourself!
Please note: Information provided has been obtained from sources believed to be accurate, however, we cannot guarantee information is accurate. Interested parties should make their own enquiries & obtain their own legal advice. We accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans, building age or condition).
CONTACT – Sharyn Chandler on 9754 6888 or 0439 882 442
O.F.I Contact Agent (Photo ID Required)
Listing description written by Sharyn Chandler, Chandler & Co Real Estate — reproduced as published, not verified by Districts.