Forest Glen

POSTAL CODE: QLD, 4556

HOUSE

Based on its average 5-year and quarterly capital gains FOREST GLEN, 4556 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that FOREST GLEN, 4556 obtained a 7.2% growth over a ten-year period. It ranks 1787th on our list of suburbs that property investors should look into.

FOREST GLEN, 4556 in QLD belongs to the local government area of Sunshine Coast.

FOREST GLEN, 4556 has a capital gain of 9.75% for the past year, which is lower than average compared to its 54.58% growth within a five-year period.

With the median home price in FOREST GLEN sitting at $1,097,500, and the average rent at $840, property owners could potentially earn a 3.98% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,097,500	N/A
Growth Report
Median Quarterly	1.62%	N/A
Median 12 month	9.75%	N/A
Median 3 years	13.14%	N/A
Median 5 years	54.58%	N/A
10 years average annual	7.2%	N/A
Weekly media advert. rent	$840	N/A
Time on Market	64.3 days	N/A
Gross Rental Yield Percent	3.98%	N/A

Demographics (Median Values)*

Total Population 594

Weekly Household Income 826.5

Household Size 2.70

Average Age 40

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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