Investment property in Fernvale has done pretty 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 1.02%
Fernvale,4306 was ranked 1873 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 Fernvale, 4306. Typically our figures indicate that -8.00% is being offered, which puts this QLD suburb at 815th most discounted overall in Australia.
A $337.5 per week rent on the median house gives suburb investors a gross yield of circa 5.09%, without taking into account capital value appreciation, which has been averaging out at 1.68%.