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Thinking about buying in Fern Gully? Now could not be a better time, with just 24 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,105,000 with prices in this suburb ranging from $1,637,000 to $2,159,000. The aproximate distance to the coast is 61 Km.
In Fern Gully there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Fern Gully due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Fern Gully classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Fern Gully to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Fern Gully we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Fern Gully a better buying opportunity than it may have been in the past.
Instant Property ValuationSt Catherine's Catholic College
(While the above schools are located with the suburb of Fern Gully there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
24-06-2024 | $355,000 | 61 Fern Gully Road |
27-03-2024 | $1,200,000 | 105 Gresford Road |
19-01-2024 | $780,000 | 87 Gresford Road |
28-04-2022 | $1,650,000 | 137 Fern Gully Road |
28-06-2021 | $720,000 | 118 Fern Gully Road |
08-12-2017 | $455,000 | 258 Pioneer Road |
23-04-2012 | $625,000 | 272 Pioneer Road |
29-04-2009 | $839,000 | 136 Fern Gully Road |
22-01-2009 | $580,000 | 95 Fern Gully Road |
24-08-2007 | $465,000 | 105 Gresford Road |
20-07-2007 | $595,000 | 272 Pioneer Road |
03-12-2004 | $745,000 | 7 Dyrring Road |
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