Property value increases in Fernvale have tracked just lower than the QLD average of 1.88% over the last 12 months.
While Fernvale,4306 ranked number 564th in QLD for increase in median house value (annualised) increase, it is ranked 566th over the last 5 years.
Property investors looking for a bargain in Fernvale should be aiming for at least -7.32% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 72 properties changed hands in Fernvale, which puts it as the 326th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $340 weekly from the median priced house in this suburb.