VIC/
Ferny creek

Suburb Profile

Ferny Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3786

house

Property investments in FERNY CREEK fare well against the rest of the country last year, registering a median home price increase of 16.93%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains FERNY CREEK, 3786 saw average growth in the long term.

Real estate investors could earn a rental income of $520 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 44.6 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $839,000.

FERNY CREEK ranks 303rd on the list of best yielding suburbs for rental properties in VIC, posting a 3.22% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $839,000 N/A
GROWTH REPORT
Median Quarterly 5.4% N/A
Median 12 month 16.93% N/A
Median 3 years 60.11% N/A
Median 5 years 83.99% N/A
10 years average annual 7.86% N/A
Weekly media advert. rent $520 N/A
Time on Market 44.6 days N/A
Gross Rental Yield Percent 3.22% N/A
demographics (median values)
Total Population
1539
Weekly Household Income
1162
Household Size
2.80
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Ferny Creek, VIC
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