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MOMENTUM
MEDIA
A steady increase in median property prices over a five-year period in the suburb translates to a 49.53% 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 $800,000
The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $600.
Home owners selling their properties and realtors in FERNVALE usually have to wait an average of 37.4 days days before their assets are lifted off the market.
The QLD suburb ranks 337th on the list of best yielding suburbs for rental properties in QLD, posting a 3.9% return.
It also places places 171st in Australia based on median property value growth during the quarter.
Fernvale is a rural town and locality in the Somerset Region of Queensland, situated approximately 24.5 kilometres north-northwest of the Ipswich Central Business District and about 61 kilometres west of Brisbane's CBD. The town lies along the Brisbane Valley Highway, serving as a gateway to the Brisbane Valley Rail Trail.
According to the 2021 Census, Fernvale had a population of 3,629 residents. The median age was 35 years, which is slightly younger than the Queensland median of 38 years. The suburb has experienced steady growth, with a population increase of 35.3% between 2011 and 2016. Households in Fernvale typically consist of an average of three people.
Public transportation in Fernvale includes bus services such as Route 529, which connects the suburb to Ipswich. The nearest bus stop is located at the Brisbane Valley Highway near the Fernvale Futures Complex. Additionally, shuttle services like Fernvale Transport and Shuttles offer transport for individuals or small groups.
Essential establishments in Fernvale encompass educational and healthcare facilities. Fernvale State School provides primary education and includes a special education program. For secondary education, students typically attend Lowood State High School in the neighbouring town of Lowood. Healthcare services are available through the Fernvale Child Health Centre and Health Matters Karalee, offering a range of health services for children and their families.
Several parks and reserves in Fernvale support recreational activities. Fernvale Memorial Park offers a children's playground, picnic tables, and access to the Brisbane Valley Rail Trail. Other nearby recreational spots include Savages Crossing, Twin Bridges, and Lake Wivenhoe, which are popular for picnics and outdoor activities.
Fernvale's blend of rural charm, community facilities, and proximity to natural attractions contributes to its appeal within the Somerset Region.