AREA REPORTS

Forest Lake

Suburb Profile

Forest Lake - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4078

house
unit

Property investors enjoyed capital gains of 1.16% over the last 12 months in FOREST LAKE, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 1.53% growth over a ten-year period. It ranks 3391st on our list of suburbs that property investors should look into.

FOREST LAKE, 4078 has a capital gain of 1.16% for the past year, which is lower than average compared to its 14.96% growth within a five-year period.

With the median home price in FOREST LAKE sitting at $435,000, and the average rent at $395, property owners could potentially earn a 4.72% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FOREST LAKE are low, as opposed to average gains per annum over the past five years.

FOREST LAKE, 4078 in QLD belongs to the local government area of Brisbane.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $435,000 $303,000
GROWTH REPORT
Median Quarterly 1.1% 0.41%
Median 12 month 1.16% -2.26%
Median 3 years 9.3% -0.66%
Median 5 years 14.96% -7.9%
10 years average annual 1.53% 0.18%
Weekly media advert. rent $395 $350
Time on Market 49.5 days 89.5 days
Gross Rental Yield Percent 4.72% 6.01%
demographics (median values)
Total Population
21000
Weekly Household Income
1228
Household Size
2.90
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