Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $563,000, Annual capital growth 4.31%, Number of sales 85, Weekly median advertised rent $475

Ferny Grove Unit: Median price $403,000, Annual capital growth 6.70%, Number of sales 16, Weekly median advertised rent $365

  • 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 3.26%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ferny Grove has increased when compared to the 5 year average annual rate.

At number 749th of QLD’s most discounted properties, Ferny Grove is in the TOP 10% of the state/territory when listing in order of most discounted to least.

In the last year 85 properties changed hands in Ferny Grove, which puts it as the 288th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Ferny Grove being $563000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 4.39%

Ferny Grove has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 11.94% to date .

Comparing Ferny Grove,4055 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property buyers and investors in Ferny Grove 4055 should be seeing an average reduction in asking price of around -4.51% . This means that Ferny Grove is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 6.70%, investors should hope to achieve an overall return of 4.71%

Metrics i HOUSE UNIT
$563,000 $403,000
2.36% 14.33%
3.26% 11.94%
4.31% 6.70%
$475 $365
85 16
4.39% 4.71%
39.26 61.63

Source: CoreLogic

DSR Score for property investment : Good (H), 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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Recent sales & rentals