AREA REPORTS

Forrest Beach

Suburb Profile

Forrest Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4850

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Based on its average 5-year and quarterly capital gains, the suburb saw average decrease 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 $199,500.

The downward trend in home prices in FORREST BEACH, 4850 averaged -4.58% per annum over a 3-year period.

Average weekly rents on listings have reached the $260 mark, reflecting a 6.78% increase in returns based on the current median price in FORREST BEACH.

An average of 1.33 real estate transactions take place per month in FORREST BEACH which translates to 16 per annum.

16 properties were sold in FORREST BEACH in 2016, making it the 663rd most active market in QLD based on total real estate transactions.

FORREST BEACH, 4850 places 594th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $199,500 N/A
GROWTH REPORT
Median Quarterly -1.48% N/A
Median 12 month -7.21% N/A
Median 3 years -13.73% N/A
Median 5 years -24% N/A
10 years average annual -3.52% N/A
Weekly media advert. rent $260 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 6.78% N/A
demographics (median values)
Total Population
1139
Weekly Household Income
631.2
Household Size
2.40
demographics
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Top 10 Birth Countries
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Household Income
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