Ferny Creek is a small community in Victoria within the Yarra Ranges local government area (postcode 3786). With a population of 1,524, the suburb has a mature demographic with a median age of 45. Households earn a median income of $124K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Ferny Creek is $1.1 million, having surged 20.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Ferny Creek is served by 1 school, including 1 primary. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Ferny Creek offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +20.5% year-on-year.
Ferny Creek is a small community in Victoria within the Yarra Ranges local government area (postcode 3786). With a population of 1,524, the suburb has a mature demographic with a median age of 45. Households earn a median income of $124K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Ferny Creek is $1.1 million, having surged 20.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Ferny Creek is served by 1 school, including 1 primary. The average ICSEA score is 1111, which is well above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Ferny Creek offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +20.5% year-on-year.