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Fern Tree, TAS 7054

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Fern Tree, TAS 7054 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Fern Tree, TAS 7054”

  1. The total adult population (15 years or older) of Fern Tree 7054 TAS is 627, with a median age of 45. Of those, 48.80% are married, 13.24% are divorced or separated, 34.13% are single and 3.19% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $9,476. The median monthly mortgage repayment for households in this suburb is $1,570 which is 16.57% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Tasmania, the calm and quiet suburb of Fern Tree 7054 is home to an estimated 352 families. Within the local property market, the typical house prices as of Q3 2023 stand at an average of $853,726. These houses also command a median weekly rent of $514, creating an indicative yield of approximately 3.13%. This above average return fulfils the minimum attractive market requirement for cashflow-focused property investors, marking Fern Tree as a meeting point for both lifestyle and investment potentials.

    Boasting an IRSAD score of 1089 out of 1217, Fern Tree is an area with high socio-economic status, suggesting an abundance of amenities and greater stability of property prices. In terms of occupancy, the suburb has a low renter to owner ratio of 8%, indicating a predominantly owner-occupied neighbourhood. This might suggest a lower level of competition for potential landlords, affording room for good rental returns.

    Fern Tree has a unique charm attributed to its 0% units to houses ratio. This indicates that the suburb primarily comprises of houses rather than smaller unit dwellings. These types of homes typically attract longer-term tenants and ensure less competition among landlords, maintaining higher rental yields.

    However, the suburb’s affordability index ranks at 35 years. This highlights that the duration required to fully own a property in this area is higher than the standard 30-year mortgage. This place might be more suitable for high-income earners or long-term investors who are not sensitive to immediate affordability.

    Supply metrics indicate a healthy property market with the stock on market Percentage for houses at 0.28%, and an inventory level standing at 2.0 months. These figures suggest that there is a balanced level of property stock and a steady sales rate. The building approvals ratio for houses is favourable at 0.28%, suggesting that there is not an oversupply of new dwelling stock coming into the market.

    Concerning market demand, houses in Fern Tree remain on the market for an average of 81 days. Though slightly higher than the ideal benchmark, it falls within acceptable limits given the suburb’s overall favourable conditions. The combined houses and units vacancy rate stands at 3.7%, slightly higher than the favourable upper limit. Yet, considering the suburb’s low units to houses ratio, the rate might mainly apply to houses.

    Fern Tree garners a fair degree of attention with a buy search index for houses at 3. While this indicates moderate interest, coupled with the existing socio-economic factors and supply-demand balance, it confirms Fern Tree as a suburb worth consideration for keen property investors familiar with Tasmania’s market dynamics.

    Finally, it’s pertinent to note HtAG Analytics’ Relative Composite Score, which simplifies property market research by factoring in over 80 different metrics. This way, investors can make an informed decision, even if a few metrics fall in unfavourable ranges while the majority are favourable.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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