QLD/
Fernvale

Suburb Profile

Fernvale - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4306

house

A steady increase in median property prices over a five-year period in the suburb translates to a -4.86% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $342,500

The augmented property values in the suburb are trailing behind the territorial average of 2.29% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $345.

Home owners selling their properties and realtors in FERNVALE usually have to wait an average of 109.6 days days before their assets are lifted off the market.

The QLD suburb ranks 187th on the list of best yielding suburbs for rental properties in QLD, posting a 5.24% return.

It also places places 523rd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $342,500 N/A
GROWTH REPORT
Median Quarterly -0.72% N/A
Median 12 month -0.72% N/A
Median 3 years -4.86% N/A
Median 5 years 4.98% N/A
10 years average annual 1.09% N/A
Weekly media advert. rent $345 N/A
Time on Market 109.6 days N/A
Gross Rental Yield Percent 5.24% N/A
demographics (median values)
Total Population
1541
Weekly Household Income
1070
Household Size
2.90
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