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Ferndale

POSTAL CODE: WA, 6148
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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 $848,500.

The upward trend in home prices in FERNDALE, 6148 averaged 23.35% per annum over a 3-year period.

Average weekly rents on listings have reached the $730 mark, reflecting a 4.47% increase in returns based on the current median price in FERNDALE.

An average of 5.5 real estate transactions take place per month in FERNDALE which translates to 66 per annum.

66 properties were sold in FERNDALE in 2016, making it the 106th most active market in WA based on total real estate transactions.

FERNDALE, 6148 places 227th in Australia based on median property value growth during the quarter.

Surburb overview

Ferndale is a residential suburb in Canning, approximately 15 kilometres southeast of Perth's central business district. Established in the late 1960s and 1970s, it is bound by Metcalfe Road to the southeast, the Canning River to the north and northwest, and Bannister Creek to the southwest.

According to the 2021 Census, Ferndale had a population of 4,457, with a median age of 41. The suburb comprises approximately 1,700 households, with an average household size of 2.4 people.

Ferndale's real estate market has experienced significant growth. As of recent data, the median house price stands at approximately \$745,000, reflecting a 24% increase over the past year. Houses in the area typically spend an average of 8 days on the market.

Bannister Creek Primary School is a government co-educational primary school serving students from Kindergarten to Year 6. Fountain College is an independent, non-denominational, co-educational school offering education from Pre-Primary to Year 12, with approximately 543 students enrolled in 2023. Lynwood Senior High School is the primary secondary school for the area, located in the neighbouring suburb of Parkwood.

Ferndale is well-served by public transport. Transperth bus routes 507 and 508 connect Bull Creek and Thornlie train stations, facilitating easy access to Perth CBD and surrounding areas.

The suburb offers various parks and recreational facilities. Ferndale Reserve is a significant sports ground suitable for multiple outdoor activities. Canning River Regional Park, located in Ferndale's north, is a popular cycling and walking route that offers scenic views along the Canning River.

Residents can access local shopping centres, including Ferndale Shopping Centre, for everyday essentials. The nearby Riverton Forum and Westfield Carousel also provide a broader selection of shops and dining options.

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