With a capital gain of 18.46% for the last 12 months, Ferny Creek, 3786 has performed for property investments than its average annual 7.23% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Ferny Creek has given property investors a paper return of 11.59%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Ferny Creek are currently offering property investors an average price cut of -3.89% below the asking price at the moment.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
With the median price for a house in Ferny Creek being $770000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 2.63%