Fern Hill

Fern Hill is a small suburb with a total population of 125 residents. The majority of residents fall into the age groups of 45 to 64 years and 65 years or over. The suburb has a mix of occupations, with the top three being Managers, Professionals, and Technicians and Tradesworkers. The median household income is $2,062 per week. Residents primarily commute by motor vehicle. With only 69 houses in the suburb, Fern Hill's property market is limited but shows high demand with a market absorption rate of 100.0%. The rental yield is relatively low at 2.4%, suggesting potential for improvement. The high median growth over 10 years indicates a good long-term investment opportunity for those looking at houses in the area. Fern Hill offers a quiet lifestyle with a small population and limited housing options. The suburb's property market shows signs of high demand, making it potentially attractive for long-term investment in houses. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022