Side by sideSuburb comparison

Upper Ferntree Gully vs Upwey.

Comparing two suburbs with median house prices of $920,000 and $895,000. Upwey edges out on more headline metrics in this comparison.

Upwey (median $895,000) is roughly 3% cheaper to buy into than Upper Ferntree Gully ($920,000).

Upper Ferntree Gully scores higher on walkability (24/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Upwey (1067) sits above Upper Ferntree Gully (1056).

The takeWhich suburb suits which buyer

For buyers

Upwey is the lower entry point at $895,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Upwey offers the higher gross rental yield (2.27% vs 2.20%), favouring cash-flow investors.

For families

Upwey edges out on average school ICSEA (1067 vs 1056).

Common questionsUpper Ferntree Gully vs Upwey

Common questions

Is Upper Ferntree Gully or Upwey cheaper to buy in?

Upwey has the lower median house price at $895,000, roughly 3% below Upper Ferntree Gully ($920,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Upper Ferntree Gully or Upwey have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Upwey scores 1067 vs 1056 in Upper Ferntree Gully. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Upper Ferntree Gully or Upwey?

Upper Ferntree Gully scores 24/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Upper Ferntree Gully or Upwey?

Gross rental yield on houses is 2.27% in Upwey vs 2.20% in Upper Ferntree Gully. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Upper Ferntree Gully
Metric
Upwey

Price & Market

$920,000
Median house
$895,000
$422,500
Median unit
$308,880
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$390/wk
Rent (house / wk)
$390/wk
$369/wk
Rent (unit / wk)
$390/wk
84.0%
Owner occupied
89.0%
14.0%
Renter occupied
10.0%

Lifestyle & Demographics

24
Walk score
4
40
Transit score
20
100
Bike score
85
3,417
Population
6,818
41
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1056
Avg ICSEA
1067

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).