Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $600,000, Annual capital growth 4.57%, Number of sales 89, Weekly median advertised rent $475

Ferny Grove Unit: Median price $415,000, Annual capital growth 5.53%, Number of sales 16, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Ferny Grove, 4055 ranked 146th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ferny Grove is one of 2415 in our list for QLD

Across a shorter period, Ferny Grove, 4055 has seen a median price increase of 4.71% over the last quarter.

Sellers are offering property buyers an average discount of -4.92% to buyers in Ferny Grove at the moment, which is less than average for the rest of QLD.

At number 297 in a list of fastest selling suburbs, Ferny Grove is in the TOP 10% of suburbs in Australia with an average of days on market 38.73 for properties listed there.

Using the current median advertised rental of $475 and the average annual increase in value of a median property of 4.57%, investors should hope to achieve an overall return of 4.12%

Ferny Grove is in the TOP 20% in QLD when comparing median price capital growth over the last year. Ferny Grove gave property investors a very good capital gain figure when compared to the rest of the state, with 9.21%.

When looking at the potential capital gains offered to property investors over the last 3 years, Ferny Grove comes in at number 155th in QLD.

Sellers are offering property buyers an average discount of -2.75% to buyers in Ferny Grove at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

Advertised rents are around the $375 mark per week – giving a return of 4.70% based on the median price in Suburb

Metrics i HOUSE UNIT
$600,000 $415,000
4.71% N/A
10.50% 9.21%
4.57% 5.53%
$475 $375
89 16
4.12% 4.70%
38.73 22.72

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Ferny Grove QLD
Demographics
Total population 5609
Median household income ($/weekly) 1791
Median age of persons 38
Median housing loan repayment ($/monthly) 1800
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 778 13.9
    25-34 years 602 10.7
    35-44 years 857 15.3
    45-54 years 810 14.4
    55-64 years 831 14.8
    Others 1731 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 2384 57.6
    Not Married 1451 35.1
    Defacto Relationship 304 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4421 80.6
    Papua New Guinea 149 2.7
    South Africa 93 1.7
    United Kingdom 341 6.2
    Other 123 2.2
    Others 355 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.0
    Christianity 3804 72.4
    Hinduism 29 0.6
    Other Religious Groups 44 0.8
    No Religion 1299 24.7
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 139 8.1
    $1,500-$1,999 257 15.0
    $2,000-$2,499 241 14.0
    $2,500-$2,999 205 11.9
    $3,000-$3,499 160 9.3
    Others 715 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1894 43.3
    Not in the labour force 1225 28.0
    Employed, worked part-time 930 21.3
    Employed, away from work 179 4.1
    Unemployed, looking for work 147 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 329 10.9
    Professionals 736 24.5
    Technicians & trades workers 375 12.5
    Community & personal service workers 339 11.3
    Clerical & administrative workers 624 20.8
    Others 602 20.0
    Occupation
    Census Count Percent(%)
    Pre-school 67 4.8
    Infants/Primary 534 38.3
    Secondary 397 28.5
    Technical or Further Educational Institution 100 7.2
    University or other Tertiary Institutions 256 18.4
    Others 39 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5028 94.0
    Semi-detached, row or terrace house, townhouse 309 5.8
    Flat, unit or apartment 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 795 42.3
    Fully owned 681 36.2
    Rented 403 21.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals