Suburb Profile Report for Ferndale WA (6148)

Ferndale House: Median price $470,500, Annual capital growth 3.16%, Number of sales 60, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Investment property in Ferndale 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 -2.30%

Comparing Ferndale,6148 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Ferndale should be aiming for at least -5.71% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Ferndale have been waiting around 59.69 days to sell a property.

Advertised rents are around the $350 mark per week – giving a return of 3.87% based on the median price in Suburb

HOUSE UNIT
$470,500 N/A
-0.95% N/A
-2.30% N/A
3.16% N/A
$350 N/A
60 N/A
3.87% N/A
59.69 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 4259
Median household income ($/weekly) 1292
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 421 9.9
    25-34 years 661 15.5
    35-44 years 538 12.6
    45-54 years 494 11.6
    55-64 years 621 14.6
    Others 1524 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 1507 47.5
    Not Married 1307 41.2
    Defacto Relationship 358 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2563 63.1
    Malta 99 2.4
    Papua New Guinea 145 3.6
    United Kingdom 555 13.7
    Other 190 4.7
    Others 511 12.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 2.2
    Christianity 2466 63.4
    Hinduism 41 1.1
    Islam 93 2.4
    No Religion 1163 29.9
    Others 42 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 155 10.5
    $600-$799 134 9.1
    $1,250-$1,499 133 9.0
    $1,500-$1,999 206 13.9
    $2,000-$2,499 148 10.0
    Others 704 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1389 41.1
    Not in the labour force 1132 33.5
    Employed, worked part-time 620 18.3
    Employed, away from work 139 4.1
    Unemployed, looking for work 103 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 469 21.8
    Technicians & trades workers 353 16.4
    Community & personal service workers 204 9.5
    Clerical & administrative workers 359 16.7
    Sales 194 9.0
    Others 573 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 52 6.4
    Infants/Primary 275 33.9
    Secondary 179 22.1
    Technical or Further Educational Institution 95 11.7
    University or other Tertiary Institutions 179 22.1
    Others 31 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2854 73.0
    Semi-detached, row or terrace house, townhouse 1022 26.1
    Flat, unit or apartment 35 0.9
    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 618 38.3
    Fully owned 600 37.2
    Rented 380 23.5
    Other tenure type 17 1.1
    Tenure Type
Census 2011, ABS
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