Suburb Profile Report for Fernvale QLD (4306)

Fernvale House: Median price $345,000, Annual capital growth 1.69%, Number of sales 69, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

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 0.15%

While Fernvale,4306 ranked number 398th in QLD for increase in median house value (annualised) increase, it is ranked 555th over the last 5 years.

Sellers are offering property buyers an average discount of -8.08% to buyers in Fernvale at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

Metrics i HOUSE UNIT
$345,000 N/A
0.58% N/A
0.15% N/A
1.69% N/A
$340 N/A
69 N/A
5.12% N/A
116.51 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2367
Median household income ($/weekly) 1351
Median age of persons 33
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 419 17.7
    25-34 years 342 14.4
    35-44 years 391 16.5
    45-54 years 292 12.3
    55-64 years 256 10.8
    Others 667 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 836 53.8
    Not Married 492 31.7
    Defacto Relationship 226 14.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2004 87.7
    Greece 15 0.7
    Papua New Guinea 89 3.9
    United Kingdom 106 4.6
    Other 26 1.1
    Others 46 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1516 69.1
    No Religion 651 29.7
    Buddhism 22 1.0
    Other Religious Groups 6 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 76 11.0
    $1,000-$1,249 71 10.3
    $1,250-$1,499 69 10.0
    $1,500-$1,999 120 17.4
    $2,000-$2,499 84 12.2
    Others 268 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 701 42.0
    Not in the labour force 522 31.3
    Employed, worked part-time 311 18.6
    Employed, away from work 77 4.6
    Unemployed, looking for work 59 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 153 14.0
    Technicians & trades workers 180 16.5
    Community & personal service workers 129 11.8
    Clerical & administrative workers 154 14.1
    Labourers 132 12.1
    Others 342 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 41 6.8
    Infants/Primary 285 47.1
    Secondary 168 27.8
    Technical or Further Educational Institution 46 7.6
    University or other Tertiary Institutions 47 7.8
    Others 18 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2114 98.2
    Semi-detached, row or terrace house, townhouse 18 0.8
    Caravan, cabin, houseboat 17 0.8
    House or flat attached to a shop, office 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 403 53.8
    Rented 184 24.6
    Fully owned 162 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals