Suburb Profile Report for Ferny Hills QLD (4055)

Ferny Hills House: Median price $535,000, Annual capital growth 4.84%, Number of sales 147, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Expert Report

Giving property investors a an average capital gain of 4.39% for the last year, Ferny Hills, 4055 is the 2204th highest performer in Australia in this respect.

Over the longer term, Ferny Hills has seen property prices show investors a 17.29% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Ferny Hills are currently offering property investors an average price cut of -3.76% below the asking price at the moment.

Property investors should expect to get $450 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
August 2015

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Ferny Hills, located 12km north-east of Brisbane, is showing signs of a recoveryFull summary Ferny Hills, located 12km north-east of Brisbane, is showing signs of a recovery.

The classic signs of an upturn includes shorter days on market, which is currently at 40 days.

Vendor discounting is also low, which indicates vendors are getting what they want with their property.

The suburb’s location is something of a gem. It is just west of Wongam Reserve and has a large golf course.

Two shopping districts in nearby Arana Hills and Mitchelton cater to the majority of residents’ wants, while schools and day care centres are plentiful.

Bus services, along with three train stations in the vicinity, mean it is possible to reach the city centre in less than 20 minutes, making Ferny Hills convenient for almost everything.

The rental market is healthy with landlords getting around 5% rental yield on their investment property.

Demand is high and the supply situation is tight. At the time of writing, vacancy rate is at a low 0.49%. 
 Close
Metrics i HOUSE UNIT
$535,000 N/A
1.90% N/A
4.39% N/A
4.84% N/A
$450 N/A
147 N/A
4.37% N/A
27.91 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 8720
Median household income ($/weekly) 1713
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1180 13.5
    25-34 years 1122 12.9
    35-44 years 1548 17.7
    45-54 years 1128 12.9
    55-64 years 1048 12.0
    Others 2696 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 3739 58.6
    Not Married 2080 32.6
    Defacto Relationship 562 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7201 84.4
    Papua New Guinea 315 3.7
    South Africa 68 0.8
    United Kingdom 468 5.5
    Other 151 1.8
    Others 333 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.6
    Christianity 5739 70.1
    Hinduism 22 0.3
    Other Religious Groups 30 0.4
    No Religion 2337 28.5
    Others 15 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 246 8.9
    $1,250-$1,499 237 8.6
    $1,500-$1,999 431 15.6
    $2,000-$2,499 378 13.7
    $2,500-$2,999 333 12.0
    Others 1143 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2950 44.4
    Not in the labour force 1677 25.3
    Employed, worked part-time 1492 22.5
    Employed, away from work 323 4.9
    Unemployed, looking for work 196 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 535 11.2
    Professionals 1210 25.4
    Technicians & trades workers 644 13.5
    Community & personal service workers 510 10.7
    Clerical & administrative workers 891 18.7
    Others 978 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 122 5.7
    Infants/Primary 850 39.4
    Secondary 568 26.3
    Technical or Further Educational Institution 154 7.1
    University or other Tertiary Institutions 404 18.7
    Others 60 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8130 97.0
    Semi-detached, row or terrace house, townhouse 190 2.3
    Flat, unit or apartment 58 0.7
    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 1560 52.3
    Fully owned 981 32.9
    Rented 409 13.7
    Other tenure type 30 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals