Skip to main content

Chermside West vs Ferny Grove

Property investment comparison - Chermside West, QLD 4032 vs Ferny Grove, QLD 4055

Head-to-head across core investment metrics: Chermside West wins 4, Ferny Grove wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricChermside WestFerny Grove
Median house price$1.3M$1.3M
Median unit price--
Gross rental yield (houses)-3.19%
Gross rental yield (units)4.10%3.85%
1-year house growth+14.9%+14.3%
3-year house growth+51.5%+46.1%
Vacancy rate1.4%0.9%
Population6,9655,871

Chermside West vs Ferny Grove: what the numbers say

The median house price is $1.3M in Chermside West and $1.3M in Ferny Grove, so Chermside West is the cheaper entry point.

Over the past year house prices moved +14.9% in Chermside West and +14.3% in Ferny Grove, so recent momentum favours Chermside West, although both suburbs recorded growth.

Looking back three years, Chermside West houses are +51.5% and Ferny Grove houses +46.1%, so Chermside West has compounded faster than Ferny Grove over the longer window.

Rental vacancy is 0.9% in Ferny Grove and 1.4% in Chermside West, so landlords in Ferny Grove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chermside West is the bigger suburb, with a population of 6,965 against 5,871, larger than Ferny Grove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chermside West for a lower purchase price, Chermside West for recent price momentum, Ferny Grove for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison
Chermside West vs Ferny Grove: Suburb Comparison 2026