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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Property Details for 740 Fernbank-Glenaladale Rd, Fernbank

Building Type
Rural
Land Size
337506m2
Local Government
East Gippsland
Lot/Plan
4~D/PP3311

Property History for 740 Fernbank-Glenaladale Rd, Fernbank, VIC 3864

A timeline of how this property has performed in the market
Last Sold
$300,000
13 Sep 2024
  • 13 Sep 2024
    Sold for $300,000

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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 74.19% increase in median value, while Units have seen a 178.48% increase. As at 31 October 2024:

  • The median value for Houses in Fernbank is $815,276 while the median value for Units is $428,877.
There are currently 1 property listed for sale, and no properties listed for rent in Fernbank on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Fernbank.

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