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Forrest Beach
AREA REPORTS

Forrest Beach

Forrest Beach - 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 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 $260,000.

The upward trend in home prices in FORREST BEACH, 4850 averaged 12.28% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in FORREST BEACH.

An average of 5.33 real estate transactions take place per month in FORREST BEACH which translates to 64 per annum.

64 properties were sold in FORREST BEACH in 2016, making it the 159th most active market in QLD based on total real estate transactions.

FORREST BEACH, 4850 places 1011th in Australia based on median property value growth during the quarter.

Data report can be found below

Forrest Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $260,000 N/A
GROWTH REPORT
Median Quarterly -5.45% N/A
Median 12 month 5.05% N/A
Median 3 years 36.84% N/A
Median 5 years 19.54% N/A
10 years average annual -0.61% N/A
Weekly media advert. rent N/A N/A
Time on Market 112.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1139
Weekly Household Income
631.2
Household Size
2.40
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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