Ferny Grove

POSTAL CODE: QLD, 4055
HOUSE
FERNY GROVE ranks 732nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.09% for the past year is lower than average compared to its 84.3% growth within a five-year period.

Also in FERNY GROVE, the median home price is sitting at $1,200,000, and the average rent at $750, this suggests property owners could potentially earn a 3.25% increase in gross rental yield.

Property investors have seen a 1.27% 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 8.55% growth over a ten-year period. It ranks 820th on our list of suburbs that property investors should look into.

Surburb overview

Ferny Grove is a family-friendly suburb located approximately 11 kilometres northwest of Brisbane’s CBD. It is known for its spacious properties and access to various amenities. The suburb has a population of around 5,725 people, with the predominant age group being 40-49. Most residents are families and professionals, making it an attractive location for those seeking a quiet, suburban lifestyle close to the city.

The median house price in Ferny Grove is currently around $997,500, with a median weekly rent of $675 for houses and $500 for units. The suburb's rental market yields approximately 3.81% for houses and 4.74% for units, making it a desirable area for homebuyers and investors.

Ferny Grove is primarily zoned for Low-Density Residential, covering about 37.94% of the suburb. Emerging community zones and recreational areas make it ideal for families seeking a balance between residential living and green spaces. The suburb features several parks, walking tracks, and access to the nearby Brisbane Forest Park, providing ample opportunities for outdoor activities.

Public transport options include the Ferny Grove train station, which offers direct connections to Brisbane CBD, making it a convenient location for commuters. The suburb also has a range of local amenities such as cafes, small shops, and schools, further enhancing its appeal to families.

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