Suburb Profile Report for Fernvale QLD (4306)

Fernvale House: Median price $373,000, Annual capital growth 1.12%, Number of sales 56, Weekly median advertised rent $350

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Fernvale, 4306 have given investors a capital gain of 2.47%. This compares favourably with the 0.78% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Fernvale comes in at number 312th in QLD.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Fernvale itself are offering an average vendor discount of -6.88% to real estate investors.

Advertised rents are around the $350 mark per week – giving a return of 4.88% based on the median price in Suburb

Metrics i HOUSE UNIT
$373,000 N/A
0.13% N/A
2.47% N/A
1.12% N/A
$350 N/A
56 N/A
4.88% N/A
72.9756097560976 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (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
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