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Suburb Insights ยท VIC 3864

Fernbank 3864, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Fernbank is a regional centre in Victoria, Australia, with a population of approximately 194, making it a boutique locality. Located approximately 207 km from the Melbourne CBD, Fernbank is a regional area in Victoria. The median household income is $79,612 AUD per year (ABS 2021 Census).

Investment Score

36 / 100 Weak

Moderate income levels in Fernbank indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Fernbank, Victoria, Australia.

Key Indicators

Postcode
3864

Official Australia Post postcode for Fernbank. A postcode may cover multiple suburbs.

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Population
194

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$79,612/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
207 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,222/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
91% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Fernbank serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,222/month. The median household income of $79,612/year reflects a solid demographic, supporting sustainable rental demand. 91% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Fernbank could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Fernbank tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Limited buyer depth in Fernbank makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Fernbank property

Full Property Analysis

30-year projections for Fernbank

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Fernbank may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Fernbank may face longer tenant search times; competitive pricing will be important. Investor sentiment toward Fernbank is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Fernbank a good suburb for investment?

Fernbank is a regional area in Victoria with a population of 194. The median rent is $200/week and the median household income is $79,612/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Fernbank?

Key demand drivers in Fernbank include regional employment hubs, lifestyle, and affordability. 91% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Fernbank?

According to the ABS 2021 Census, Fernbank has a population of approximately 194. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Fernbank from the Melbourne CBD?

Fernbank is approximately 207 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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