Ferny Grove has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.48% 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
Ferny Grove4055 is located in QLD which offers an average discount of -7.21% to property investors. Ferny Grove itself is showing figures that indicate -4.44% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Ferny Grove have been waiting around 36.4 days to sell a property.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 4.54%, investors should hope to achieve an overall return of 4.30%
With a capital gain of 23.88% for the last 12 months, Ferny Grove, 4055 has performed for property investments than its average annual 6.91% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Ferny Grove has given property investors a paper return of 6.96%. This puts Suburb as 22 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Ferny Grove is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 272th in terms of most discounted suburbs in QLD
Property investors should expect to get $370 weekly from the median priced house in this suburb.