Ferntree Gully, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ferntree Gully
VICCensus 2021 · Population 27,400
Ferntree Gully is a suburb with a population of 27,400, characterized by a median age of 40, slightly older than the Victorian average of 38. The gender distribution is fairly balanced with 49.1% male and 50.9% female residents. Families are a significant part of the community, with 45.9% of households being couples with children, and 35% being couples without children. The suburb also has a notable percentage of single-parent households at 17.6%. Housing in Ferntree Gully is predominantly separate houses, making up 88% of all dwellings, which is higher than the Victorian average of 73.4%.
Key Highlights
- Above average household income - $1,770 weekly (vs VIC $1,759)
- High home ownership - 76.3% owned outright or with mortgage
- Predominantly separate houses - 88% (vs VIC 73.4%)
- Significant family presence - 73.3% family households
- Low unemployment rate - 4.5% (vs VIC 5.0%)
Things to Consider
- Lower percentage of residents with bachelor degrees - 23.6% (vs VIC 29.2%)
- Limited public transport usage - 3.1%
- Lower percentage of residents born overseas - 28.5% (vs VIC 35.0%)
- Higher median age - 40 years (vs VIC 38 years)
What's it like living here?
Daily life in Ferntree Gully is characterized by a strong sense of community, with many residents owning their homes outright (33.7%) or with a mortgage (42.6%). The suburb has a high rate of car usage for commuting, with 55.7% of residents driving to work. Public transport usage is relatively low at 3.1%, while 22.9% of the workforce works from home, slightly below the Victorian average.