Forrest Beach

POSTAL CODE: QLD, 4850

HOUSE

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $399,000.

The upward trend in home prices in FORREST BEACH, 4850 averaged 11% per annum over a 3-year period.

Average weekly rents on listings have reached the $480 mark, reflecting a 6.26% increase in returns based on the current median price in FORREST BEACH.

An average of 3.33 real estate transactions take place per month in FORREST BEACH which translates to 40 per annum.

40 properties were sold in FORREST BEACH in 2016, making it the 337th most active market in QLD based on total real estate transactions.

FORREST BEACH, 4850 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$399,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	1.66%	N/A
Median 3 years	33%	N/A
Median 5 years	60.4%	N/A
10 years average annual	6.91%	N/A
Weekly media advert. rent	$480	N/A
Time on Market	85.4 days	N/A
Gross Rental Yield Percent	6.26%	N/A

Demographics (Median Values)*

Total Population 1139

Weekly Household Income 631.2

Household Size 2.40

Average Age 46

Monthly Loan Repayment 860

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

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