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