SOLD
Sold on 13 Sep 2024 for $300,000

740 Fernbank-Glenaladale Road
Fernbank VIC 3864

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 337506m2
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About Fernbank 3864

The size of Fernbank is approximately 120.5 square kilometres. It has 2 parks covering nearly 9.3% of total area. The population of Fernbank in 2011 was 390 people. By 2016 the population was 137 showing a population decline of 64.9% in the area during that time. The predominant age group in Fernbank is 50-59 years. Households in Fernbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Fernbank work in a labourer occupation. In 2011, 84.4% of the homes in Fernbank were owner-occupied compared with 85.7% in 2016..

Fernbank has 169 properties. Over the last 5 years, Houses in Fernbank have seen a 25.75% increase in median value, while Units have seen a 178.48% increase. As at 30 November 2024:

  • The median value for Houses in Fernbank is $818,075 while the median value for Units is $428,877.
There are currently no properties listed for sale, and no properties listed for rent in Fernbank on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Fernbank.

Suburb Insights for Fernbank 3864

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.