Ferny Grove has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.85% to date .
Ferny Grove,4055 was ranked 2360 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ferny Grove, 4055. Typically our figures indicate that -4.54% is being offered, which puts this QLD suburb at 2939th most discounted overall in Australia.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 4.06%.
If you compare the increase in value of investment property in Ferny Grove, 4055 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.38%.
Ferny Grove,4055 has offered an average of 10.38% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
With the median price for a house in Ferny Grove being $388000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.76%