Nestled in the picturesque Yarra Ranges, Fernshaw is a small yet charming locality in Victoria, Australia. Known for its stunning natural landscapes and close-knit community, it offers a peaceful lifestyle away from the hustle and bustle of city life. This article delves into the best residential areas in Fernshaw, focusing on their unique characteristics, housing options, and average prices.
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Fernshaw Village

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Fernshaw Village is a tranquil setting ideal for families and retirees, featuring a close-knit community feel. Its proximity to local parks and recreational areas makes it perfect for outdoor enthusiasts.
Characteristics of the Fernshaw Village
* Culture: Friendly community with local events
* Transportation: Limited public transport; car recommended
* Services: Local shops, nearby schools, and recreational facilities
* Environment: Peaceful and welcoming
Housing Options in the Fernshaw Village
Family homes, Townhouses, Units
Average Home Prices in the Fernshaw Village
* Buying: $500,000 – $800,000
* Renting: $1,500 – $2,200/month
Mount Evelyn

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Just a stone's throw from Fernshaw, Mount Evelyn is known for its elevated positions and stunning views over the Yarra Valley. It offers a variety of housing options, catering to families and investors alike.
Characteristics of the Mount Evelyn
* Culture: Vibrant arts scene and community activities
* Transportation: Public transport services; easy access to Melbourne
* Services: Shopping strips, schools, and healthcare
* Environment: Scenic and relaxed
Housing Options in the Mount Evelyn
Houses, Granny flats, Land for development
Average Home Prices in the Mount Evelyn
* Buying: $600,000 – $1,000,000
* Renting: $1,600 – $2,500/month
Wandin North

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Wandin North is famous for its lush landscapes and wineries. This suburban area attracts those seeking a rural lifestyle with modern conveniences, making it perfect for families and first-home buyers.
Characteristics of the Wandin North
* Culture: Vineyard culture and local markets
* Transportation: Car essential; public transport available
* Services: Local cafes, grocery stores, and schools
* Environment: Community-focused and idyllic
Housing Options in the Wandin North
Larger family homes, Acreage properties
Average Home Prices in the Wandin North
* Buying: $700,000 – $1,200,000
* Renting: $1,800 – $2,600/month
Lilydale

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A nearby suburb to Fernshaw, Lilydale sits at the gateway to the Yarra Valley. Known for its rich history and vibrant community, it offers plenty of amenities and services that appeal to diverse demographics.
Characteristics of the Lilydale
* Culture: Historic sites and local events
* Transportation: Train services to Melbourne; roads suitable for commuters
* Services: Shopping centers, schools, and public parks
* Environment: Bustling yet relaxed
Housing Options in the Lilydale
Units, Duplexes, Family homes
Average Home Prices in the Lilydale
* Buying: $550,000 – $900,000
* Renting: $1,500 – $2,300/month
Coldstream

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Coldstream is a hidden gem in the Yarra Valley. It's known for its vineyards, artisanal producers, and beautiful landscapes, making it ideal for a quiet lifestyle while being close to urban conveniences.
Characteristics of the Coldstream
* Culture: Wine and dining experiences; community events
* Transportation: Car is essential; few public transport options
* Services: Boutique shops, cafés, and local markets
* Environment: Relaxed and rural
Housing Options in the Coldstream
Cottages, Family homes
Average Home Prices in the Coldstream
* Buying: $650,000 – $1,000,000
* Renting: $1,700 – $2,400/month
Yering

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Yering is a small township that offers a unique mix of rural living with modern amenities. It attracts those who appreciate a peaceful lifestyle paired with the vibrancy of local vineyards.
Characteristics of the Yering
* Culture: Vineyard lifestyle and community gatherings
* Transportation: Limited public transport; ideal for drivers
* Services: Local farms, boutique wineries, and schools
* Environment: Charming and community-oriented
Housing Options in the Yering
Rural properties, Houses, Units
Average Home Prices in the Yering
* Buying: $600,000 – $950,000
* Renting: $1,600 – $2,300/month
Frequently Asked Questions About the Best Residential Areas in Fernshaw:
The best suburbs to live in around Fernshaw include Fernshaw Village, Mount Evelyn, Wandin North, Lilydale, Coldstream, and Yering.
Fernshaw Village and Mount Evelyn are considered very family-friendly with plenty of amenities and recreational activities.
The average house price in Fernshaw typically ranges from $500,000 to $800,000, depending on the suburb.
Public transport is limited in Fernshaw; having a car is often recommended for easy commuting.
Local amenities include shops, schools, parks, and recreational facilities, particularly in nearby suburbs like Lilydale.
Yes, there are several highly-rated primary and secondary schools in and around the Fernshaw area.
The community in Fernshaw is tight-knit, with many local events and gatherings that foster a strong sense of belonging.
An ideal lifestyle in Fernshaw includes a peaceful environment with access to nature, local wineries, and community activities.
Properties in Fernshaw range from family homes and units to acreage properties, catering to various lifestyle needs.
Yes, Fernshaw has shown stable capital growth, making it an appealing choice for investors looking for rural properties close to urban areas.
Conclusion on the Best Residential Areas in Fernshaw:
Fernshaw offers a wealth of residential options that cater to various lifestyles, from families seeking a community-focused atmosphere to those desiring serenity surrounded by nature. With its close-knit neighborhoods like Fernshaw Village and vibrant areas like Mount Evelyn and Wandin North, there’s something for everyone. Investing in property here not only provides a peaceful lifestyle but also potential for capital growth. If you are a first-home buyer, a landlord, or simply searching for your next home, Fernshaw and its surrounding suburbs promise to deliver an enriching living experience in the beautiful Yarra Ranges.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.