Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $552,000, Annual capital growth 4.13%, Number of sales 83, Weekly median advertised rent $473

Ferny Grove Unit: Median price $391,000, Annual capital growth 5.20%, Number of sales 17, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Ferny Grove have tracked close to the QLD average of 2.06% over the last 12 months.

Ferny Grove,4055 was ranked 2524 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ferny Grove, 4055. Typically our figures indicate that -4.16% is being offered, which puts this QLD suburb at 3145th most discounted overall in Australia.

Property investors should expect to get $472.5 weekly from the median priced house in this suburb.

Over the last year, property investments in Ferny Grove, 4055 have given investors a capital gain of 8.61%. This compares very favourably with the 0.98% for QLD as a whole.

Property buyers and investors in Ferny Grove 4055 should be seeing an average reduction in asking price of around -4.01% . This means that Ferny Grove is holding prices well when compared to other suburbs in QLD.

In the last year 17 properties changed hands in Ferny Grove, which puts it as the 327th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$552,000 $391,000
0.27% 2.89%
1.24% 8.61%
4.13% 5.20%
$473 $365
83 17
4.45% 4.85%
37.52 66.81

Source: CoreLogic

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