House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors enjoyed capital gains of 25.98% 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 4.18% growth over a ten-year period. It ranks 2647th on our list of suburbs that property investors should look into.
FOREST LAKE, 4078 has a capital gain of 25.98% for the past year, which is higher than average compared to its 31.4% growth within a five-year period.
With the median home price in FOREST LAKE sitting at $565,000, and the average rent at $445, property owners could potentially earn a 4.1% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in FOREST LAKE are high, 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 (C).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||25.98%||14.81%|
|Median 3 years||25.28%||2.31%|
|Median 5 years||31.4%||1.64%|
|10 years average annual||4.18%||-0.02%|
|Weekly media advert. rent||$445||$350|
|Time on Market||24.6 days||32.8 days|
|Gross Rental Yield Percent||4.1%||5.87%|