Fernhill vs Tarrawanna.
Comparing two suburbs with median house prices of $1,275,000 and $1,400,000. Fernhill edges out on more headline metrics in this comparison.
Fernhill (median $1,275,000) is roughly 9% cheaper to buy into than Tarrawanna ($1,400,000). Over the past year, Fernhill (+20.9%) ran 22.7 percentage points ahead of Tarrawanna (-1.8%) on house-price growth.
Tarrawanna skews owner-occupied (64%), Fernhill runs more rental-dense (45% owner).
For buyers
Fernhill is the lower entry point at $1,275,000 median, 9% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Fernhill carries both higher gross yield (3.06% vs 3.04%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Fernhill or Tarrawanna cheaper to buy in?
Fernhill has the lower median house price at $1,275,000, roughly 9% below Tarrawanna ($1,400,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Fernhill or Tarrawanna?
Over the past 12 months, Fernhill grew +20.9% vs -1.8% in Tarrawanna, a gap of 22.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Fernhill or Tarrawanna?
Gross rental yield on houses is 3.06% in Fernhill vs 3.04% in Tarrawanna. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Fernhill against another suburb