Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb 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 $420,000.
The downward trend in home prices in FERNDALE, 6148 averaged -5.22% per annum over a 3-year period.
Average weekly rents on listings have reached the $305 mark, reflecting a 3.78% increase in returns based on the current median price in FERNDALE.
An average of 5.42 real estate transactions take place per month in FERNDALE which translates to 65 per annum.
65 properties were sold in FERNDALE in 2016, making it the 76th most active market in WA based on total real estate transactions.
FERNDALE, 6148 places 67th in Australia based on median property value growth during the quarter.
Commercial “mould-killing” sprays,...
Wanting 5 or 10 year interest only loans...
As long as crypto has not sorted it's...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal