Suburb Profile Report for Ferny Grove QLD (4055)

Ferny Grove House: Median price $575,000, Annual capital growth 4.54%, Number of sales 79, Weekly median advertised rent $475

Ferny Grove Unit: Median price $415,000, Annual capital growth 6.91%, Number of sales 15, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$575,000 $415,000
4.36% 6.96%
6.48% 23.88%
4.54% 6.91%
$475 $370
79 15
4.30% 4.64%
36.4 52.9

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Ferny Grove QLD
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
Chart Table
Recent sales & rentals