Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
The suburb’s capital gain of 0.38% for the past year is lower than average compared to its 19.54% growth within a five-year period.
Also in FERNY GROVE, the median home price is sitting at $632,375, and the average rent at $500, this suggests property owners could potentially earn a 4.11% increase in gross rental yield.
Property investors have seen a 0.26% gain in FERNY GROVE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.44% growth over a ten-year period. It ranks 2760th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $632,375 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.26% | N/A |
| Median 12 month | 0.38% | N/A |
| Median 3 years | 5.4% | N/A |
| Median 5 years | 19.54% | N/A |
| 10 years average annual | 2.44% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 39.5 days | N/A |
| Gross Rental Yield Percent | 4.11% | N/A |
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