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Forde
AREA REPORTS

Forde

Forde - 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 $813,500.

The upward trend in home prices in FORDE, 2914 averaged 0.56% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.15% increase in returns based on the current median price in FORDE.

An average of 5 real estate transactions take place per month in FORDE which translates to 60 per annum.

60 properties were sold in FORDE in 2016, making it the 27th most active market in ACT based on total real estate transactions.

FORDE, 2914 places 45th in Australia based on median property value growth during the quarter.

Data report can be found below

Forde
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $813,500 $622,250
GROWTH REPORT
Median Quarterly 2.97% 2.01%
Median 12 month 1.69% 9.65%
Median 3 years 1.69% 17.63%
Median 5 years 14.58% 18.07%
10 years average annual 13.31% 2.38%
Weekly media advert. rent $650 $540
Time on Market 59.6 days 0.0 days
Gross Rental Yield Percent 4.15% 4.51%
demographics (median values)*
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
Age
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Monthly Loan Repayment
n.a.
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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Age group
Top 10 Birth Countries
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