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Fernbank
VIC, 3864 - East Gippsland

Thinking about buying in Fernbank? Now could not be a better time, with just 177 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $619,000 with prices in this suburb ranging from $103,000 to $1,170,000. The aproximate distance to the coast is 24 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Properties for sale in Fernbank
Instant Property Valuation

Fernbank Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Fernbank due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Fernbank changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Fernbank to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Fernbank the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Fernbank

Harcourts 775 FERNBANK-GLENALADALE RD, FERNBANK, VIC, 3864 Beds3 Bathrooms2 Parking 8 $1,250,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Fernbank there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Fernbank weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan2.113.526.544.290.72.222.5
Feb2.513.524.849.993.52.018.8
Mar2.612.422.452.792.52.115.0
Apr2.510.419.057.893.22.211.7
May1.48.015.258.490.32.69.3
Jun2.86.012.562.991.82.57.5
Jul2.45.412.656.589.32.98.0
Aug1.95.413.553.390.02.810.5
Sept2.07.116.947.991.72.814.8
Oct2.98.619.448.192.52.418.3
Nov310.221.849.293.92.422.0
Dec2.711.924.444.292.42.224.4

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Lindenow SouthWalpaMunroWoodglenGlenaladaleStockdaleLindenowPerry BridgeBengwordenWuk Wuk

Public Transport

Bairnsdale - Greater then 10KM Sale - Greater then 10KM Stratford - Greater then 10KM Raymond Island Ferry - Greater then 10KM Raymond Island Ferry - Greater then 10KM

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