Powered by MOMENTUM MEDIA
AREA REPORTS

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 $795,000.

The upward trend in home prices in FORDE, 2914 averaged 4.39% per annum over a 3-year period.

Average weekly rents on listings have reached the $660 mark, reflecting a 4.32% increase in returns based on the current median price in FORDE.

An average of 6.67 real estate transactions take place per month in FORDE which translates to 80 per annum.

80 properties were sold in FORDE in 2016, making it the 9th most active market in ACT based on total real estate transactions.

FORDE, 2914 places 49th 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 $795,000 $567,500
GROWTH REPORT
Median Quarterly 0.63% 0.44%
Median 12 month -1.55% 0.8%
Median 3 years 13.17% 11.27%
Median 5 years 24.22% 8.61%
10 years average annual 13.55% 2.01%
Weekly media advert. rent $660 $555
Time on Market 60.4 days 76.3 days
Gross Rental Yield Percent 4.32% 5.09%
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

apartment

Unit rentals break 15-year record

Unit rental yields have had their biggest drop in more than 15 years, with COVID-19 seeing landlords reduce rates, according to latest resea...

homebuilder

Has the HomeBuilder stimulus package worked?

Homebuilders are snapping up properties as the Morrison government’s controversial HomeBuilder scheme helps lift interest in the property ...

Property industry welcomes bank support

Property industry welcomes bank support

The Real Estate Institute of Australia has welcomed an announcement by the Australian Banking Association to implement a new phase of suppor...

Brisbane

Property market update: Brisbane, June 2020

The Queensland property market has been dubbed “better than expected” as it continues to remain resilient amid the effects of the COVID-...

Melbourne suburbs

Hot Property: Biggest headlines from the week that was

Australia has reached a new crossroad when it comes to the COVID-19 crisis, both for health and economic reasons: Here are the biggest prope...

property ownership

More power to Millennials as property ownership proves possible

Nearly half of home-buying Millennials believe the COVID-19 situation has actually made home ownership a more achievable goal. ...

Website Notifications

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