AREA REPORTS

Forde

 

 

ACT/
Forde

Suburb Profile

Forde - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2914

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $810,000.

The upward trend in home prices in FORDE, 2914 averaged 5.07% per annum over a 3-year period.

Average weekly rents on listings have reached the $630 mark, reflecting a 4.04% increase in returns based on the current median price in FORDE.

An average of 6 real estate transactions take place per month in FORDE which translates to 72 per annum.

72 properties were sold in FORDE in 2016, making it the 11th most active market in ACT based on total real estate transactions.

FORDE, 2914 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $810,000 $560,000
GROWTH REPORT
Median Quarterly 0% 7.69%
Median 12 month 3.58% 5.86%
Median 3 years 15.22% 6.46%
Median 5 years 42.98% 13.42%
10 years average annual 13.97% 2.29%
Weekly media advert. rent $630 $535
Time on Market 58.6 days 99.3 days
Gross Rental Yield Percent 4.04% 4.97%
demographics (median values)
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

For sale sign

How investors should react to mortgage possessions coming soon

Analysis of data by a major bank shows that mortgage possession is looming around the corner, according to one property commentator. ...

NAB CBA Westpac ANZ

APRA report shines light on bank attitudes

A new report has been released by the prudential regulator that analyses how major banks view their own actions, and there’s certainly roo...

Aerial shot of property

How the start of 2019’s uncertainty impacted consumer sentiment

New data has been released that reveals how consumer sentiment has trended following the first three months of the year, which contained man...

Residential and commercial property

The difference between residential and commercial property investment

Investor Arjun Paliwal considers the only commercial property in his nine-property portfolio as his second-most successful investment in ove...

Aerial shot of property

Investors vital to housing challenge as affordability hits six-year high

Housing affordability has seen a rapid improvement over the March quarter, with one association labelling it the fastest improvement since 2...

Australia from space

Investing overseas for the first time: How this investor will do it

After acquiring nine properties in four years, investor Arjun Paliwal decided to diversify his portfolio even further by making his next pur...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.