Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Ferny Hills, located in the Moreton Bay region, is a lush, family-oriented suburb with strong community ties. Known for its green spaces, excellent schools, and proximity to Brisbane, Ferny Hills offers a balanced lifestyle for families and professionals alike.
Demographics
- Population: Approximately 8,800 (2021 Census, ABS).
- Median Age: 38 years, reflecting a vibrant, family-friendly community.
- Dwelling Type: Primarily standalone houses, with some townhouses and units.
- Ownership: High ownership rates, indicative of a stable and long-term residential community.
Property Market (2024)
Houses
- Median Sale Price: $952,500 (+9.5% annual growth).
- Median Weekly Rent: $665.
- Rental Yield: 3.6%.
- Sales Volume: 141 recorded house sales in the past 12 months.
Units
- Median Sale Price: $850,000 (+54.5% annual growth).
- Median Weekly Rent: $550.
- Rental Yield: 3.4%.
Long-Term Trends (2006–2024)
Ferny Hills has demonstrated robust growth, with the median house price increasing from $330,000 in 2006 to $952,500 in 2024. This represents an average annual growth rate of approximately 7.0%.
Recent Notable Sales
- 54 Kolora Crescent: Sold for $1,172,500 (Oct 2024).
- 23 Woodtop Court: Sold for $1,271,000 (Oct 2024).
- 10 Kylie Avenue: Sold for $1,322,978 (Sep 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Ferny Hills provides access to a variety of educational institutions:
- Primary Schools:
- Ferny Hills State School.
- Patricks Road State School.
- Secondary Schools:
- Ferny Grove State High School.
- Private Schools:
- Prince of Peace Lutheran College (nearby in Everton Hills).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Arana Hills Plaza: Nearby shopping centre with major retailers and specialty stores.
- Ferny Grove Marketplace: Offers local dining and retail options.
Parks and Recreation
- George Wilmore Park: Features playgrounds, picnic areas, and open spaces.
- Bunya State Forest: Popular for hiking, mountain biking, and nature exploration.
- Samford Conservation Park: A serene location for outdoor activities and picnics.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Easily accessible via Samford Road and South Pine Road, providing direct routes to Brisbane CBD.
- Public Transport:
- Ferny Grove train station offers regular services to Brisbane.
- Walkability:
- Moderate; amenities and parks are easily accessible by car or public transport.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Growth: Continued development of modern homes to meet increasing demand.
- Community Investments: Upgrades to parklands, schools, and local infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Healthcare, education, retail, and construction industries dominate the local job market.
- Community Activities:
- Cultural festivals, local markets, and sports programs foster a strong sense of community.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~8,800 (2021 Census). |
| Median House Price (2024) | $952,500. |
| Median Rent (Houses) | $665/week. |
| Rental Yield (Houses) | 3.6%. |
| Median Unit Price (2024) | $850,000. |
| Median Rent (Units) | $550/week. |
| Rental Yield (Units) | 3.4%. |
| Notable Parks | George Wilmore Park, Bunya State Forest, Samford Conservation Park. |
| Transport Access | Samford Road, Ferny Grove Station, bus services. |
Conclusion
Ferny Hills offers an excellent combination of natural beauty, convenience, and steady property growth. Its family-friendly environment, strong community ties, and proximity to Brisbane make it a highly desirable suburb for residents and investors alike.