Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $600,000, Annual capital growth 4.05%, Number of sales 98, Weekly median advertised rent $475

Ferny Grove Unit: Median price $415,000, Annual capital growth 7.26%, Number of sales 17, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Ferny Grove, 4055 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.89%

Ferny Grove,4055 has offered an average of 8.89% return per annum in house price rises to property investors over the last three years.

At number 559th of QLD’s most discounted properties, Ferny Grove is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $475 per week rent on the median house gives suburb investors a gross yield of circa 4.12%, without taking into account capital value appreciation, which has been averaging out at 4.05%.

Over the last year, property investments in Ferny Grove, 4055 have given investors a capital gain of 17.19%. This compares very favourably with the 0.29% for QLD as a whole.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Ferny Grove itself are offering an average vendor discount of -3.09% to real estate investors.

Often selling an investment property can take time, and in Ferny Grove the average time real estate has been on the market is 37.91 days.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$600,000 $415,000
1.01% N/A
8.89% 17.19%
4.05% 7.26%
$475 $380
98 17
4.12% 4.76%
37.37 37.91

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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
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