Fernbank Suburb ProfileVictoria 3864
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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.
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..
Market Insights
Fernbank Trends for Houses
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Fernbank Trends for Units
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Neighbourhood Insights
Age
Population 137
0-9
10%
10-19
14%
20-29
5%
30-39
13%
40-49
11%
50-59
18%
60-69
15%
70-79
6%
Household Structure
Occupancy
Recent Sales in FERNBANK 3864
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Last Updated: 21/11/2024
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