Ferny Creek

Ferny Creek, VIC 3786 is a small suburb with a population of 1524 residents. The demographic skews towards older age groups, with a significant number of residents aged over 45 years. The suburb offers a high level of educational advantage for students, with an ICSEA percentile of 84.0 in government schools. Residents primarily commute by motor vehicle, with a notable proportion opting to work from home. Ferny Creek presents a stable housing market with a moderate market absorption rate. The suburb has shown consistent growth in median house prices over the past decade. With a relatively low stock on the market rate and a balanced room demand-supply ratio, it may be suitable for long-term property investors looking for steady returns. The high rental price median and room demand-supply ratio also indicate good opportunities for homeowners interested in renting out rooms for additional income. Ferny Creek, VIC 3786 is a serene suburb with a stable property market, offering potential for long-term investment growth. The area's good infrastructure, educational opportunities, and the ability to work from home make it an attractive choice for both residents and investors seeking a peaceful yet convenient lifestyle. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022