Could Ferny Grove be the best suburb in Brisbane’s northern suburbs? Read on to find out!
Date Prepared: 27th December 2024
Overview
Ferny Grove, located 15 km northwest of Brisbane’s CBD, is a serene and family-oriented suburb known for its green spaces, excellent schools, and strong sense of community. With its balance of affordability and convenience, Ferny Grove appeals to families, first-home buyers, and investors seeking a peaceful suburban lifestyle close to the city.
Suburb Snapshot
- Median House Price (2024): $1,090,000
- Annual Growth Rate (2024): +21.1%
- Distance to Brisbane CBD: 15 km (Approx. 25 minutes’ drive)
- Distance to Sunshine Coast CBD: 105 km (Approx. 1 hour 30 minutes’ drive)
- Distance to Westfield Chermside: 12 km (Approx. 20 minutes’ drive)
Ferny Grove’s strong growth and community-focused lifestyle make it a standout choice in Brisbane’s northern suburbs.
Demographics
- Population: 6,200 (approx.)
- Median Age: 39 years
- Housing Types: Predominantly detached houses with a mix of modern townhouses (ABS 2021).
The suburb’s demographic consists of families, professionals, and retirees, fostering a vibrant and supportive community.
Property Market Overview
House Market
- Median Sale Price (2024): $1,090,000
- Median Weekly Rent (2024): $695
- Rental Yield: 3.4%
Unit Market
- Median Sale Price (2024): $607,750
- Median Weekly Rent (2024): $485
- Rental Yield: 4.1%
Long-term Growth
Ferny Grove has demonstrated significant long-term growth, with the median house price increasing from $373,000 in 2006 to $1,090,000 in 2024. This equates to an annual growth rate of 6.48% over 18 years, highlighting its enduring appeal among buyers and investors.
- Significant Growth Spurts:
- 2021: +24.7% (Post-pandemic demand and local infrastructure upgrades)
- 2024: +21.1% (Limited supply and increased buyer activity)
Vacancy Rates
- Vacancy Rate (Nov 2024): 1.9%
Notable Recent Sales
- 82 Lislane Street – $1,351,700 (Dec 2024)
- 43 McGregor Way – $1,200,000 (Dec 2024)
- 26 Carolyn Place – $1,300,000 (Nov 2024)
Education Options
- Primary Schools: Ferny Grove State School, Patricks Road State School
- Secondary School: Ferny Grove State High School
- Private Schools: Prince of Peace Lutheran College, St Andrew’s Catholic School
- Child Care Centres: 5 (sourced from Toddle, CareforKids, and LocalSearch)
Lifestyle and Amenities
Shopping and Dining
Residents enjoy convenient access to Great Western Super Centre and nearby shopping precincts, offering a variety of retail stores and dining options.
Parks and Recreation
- Samford Conservation Park: A popular destination for hiking, picnics, and nature walks.
- Ferny Grove Picnic Grounds: Featuring playgrounds and BBQ facilities, ideal for family outings.
Health and Wellbeing
- Local Healthcare Services: Ferny Grove Family Medical Practice, Keperra Family Practice
- Closest Hospitals: The Prince Charles Hospital (Chermside), St Andrew’s War Memorial Hospital (Spring Hill)
- Pharmacies: Several located within the Great Western Super Centre and surrounding areas.
- Community Health Initiatives: Fitness classes and wellness programs regularly held in local parks and community centres.
Community and Employment
- Key Employment Sectors: Education, retail, healthcare, and professional services.
- Community Activities: Sporting clubs, local markets, and cultural events strengthen the community spirit.
Recent and Planned Developments
Recent Developments
- Ferny Grove Station Precinct Redevelopment (2023): Upgraded transport facilities with new retail and dining options.
- Ferny Grove Aquatic Centre Refurbishment (2023): Enhanced facilities and accessibility for residents.
Planned Developments
- Northwest Green Transitway (Planned 2026): A dedicated busway to improve connectivity and reduce congestion.
- Ferny Grove Green Precinct (Planned 2028): A sustainable housing project integrating eco-friendly designs and community spaces.
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 6,200 (approx.) |
| Median House Price (2024) | $1,090,000 |
| Median Unit Price (2024) | $607,750 |
| Median Weekly Rent (House) | $695 |
| Median Weekly Rent (Unit) | $485 |
| Rental Yield (House) | 3.4% |
| Rental Yield (Unit) | 4.1% |
| Vacancy Rate (Nov 2024) | 1.9% |
| Child Care Centres | 5 |
Brisbane Buyer’s Agent Introduction
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Conclusion: Why Choose Ferny Grove?
Ferny Grove offers a perfect mix of affordability, strong growth potential, and family-friendly amenities. Its proximity to green spaces, excellent schools, and key infrastructure projects make it a highly desirable suburb.
Ready to make Ferny Grove your next destination? Contact us today to begin your journey!