Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $550,000, Annual capital growth 4.15%, Number of sales 80, Weekly median advertised rent $475

Ferny Grove Unit: Median price $325,000, Annual capital growth 3.37%, Number of sales 14, Weekly median advertised rent $353

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

Source: CoreLogic

  • House Report
  • Unit Report

Ferny Grove has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.38% to date .

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

Our latest figures would indicate that property sellers in Ferny Grove are currently offering property investors an average price cut of -3.85% below the asking price at the moment.

Property investors should expect to get $475 weekly from the median priced house in this suburb.

Investment property in Ferny Grove has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.96%

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 fallen somewhat when compared to the 5 year average annual rate.

Advertised rents are around the $352.5 mark per week – giving a return of 5.64% based on the median price in Suburb

HOUSE UNIT
$550,000 $325,000
-0.18% -8.23%
2.38% -10.96%
4.15% 3.37%
$475 $353
80 14
4.49% 5.64%
40 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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