Suburb Profile Report for Fernvale QLD (4306)

Fernvale House: Median price $374,000, Annual capital growth 0.89%, Number of sales 53, Weekly median advertised rent $350

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Fernvale is an average performer in QLD when comparing median price capital growth over the last year. Fernvale gave property investors a average capital gain figure when compared to the rest of the state, with 0.54%.

A 3.89% growth in median value for property investors in Fernvale,4306 puts this suburb at number 424th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Fernvale are currently offering property investors an average price cut of -7.00% below the asking price at the moment.

Renters in Suburb are facing rents around $18200 per annum or $350 every week.

Metrics i HOUSE UNIT
$374,000 N/A
0.27% N/A
0.54% N/A
0.89% N/A
$350 N/A
53 N/A
4.87% N/A
73.0952380952381 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below 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
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