2/24 Sovereign St

Fern Bay NSW 2295

The size of Fern Bay is approximately 8.4 square kilometres. It has 6 parks covering nearly 51.1% of total area. The population of Fern Bay in 2011 was 1,624 people. By 2016 the population was 2,760 showing a population growth of 70.0% in the area during that time. The predominant age group in Fern Bay is 60-69 years. Households in Fern Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fern Bay work in a professional occupation. In 2011, 84.9% of the homes in Fern Bay were owner-occupied compared with 79.6% in 2016.

Fern Bay has 1,936 properties. Over the last 5 years, Houses in Fern Bay have seen a 49.02% increase in median value, while Units have seen a 63.99% increase. As at 31 July 2024:

• The median value for Houses in Fern Bay is $1,026,297 while the median value for Units is $595,900.
• Houses have a median rent of $680 while Units have a median rent of $585.