Ferny Creek (postcode 3786) is a small locality in Victoria within the Yarra Ranges local government area. The area has roughly 1,524 residents and a mature demographic, with a median age of 45. Households earn a median income of $124K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Ferny Creek is $1.1 million, having surged by 20.5% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,167.
Ferny Creek is served by 1 school, including 1 primary. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,096 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices are near the state median ($1.1M/$850K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +20.5% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.