‘Wealth taxes’ in property prompt lobbying for new minister
A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...
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 $658,500.
The downward trend in home prices in FORESTVILLE, 5035 averaged -1.75% 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 FORESTVILLE.
An average of 1 real estate transactions take place per month in FORESTVILLE which translates to 12 per annum.
12 properties were sold in FORESTVILLE in 2016, making it the 441st most active market in SA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-21.96%||-4.09%|
|Median 3 years||-5.25%||-23.78%|
|Median 5 years||14.52%||15.83%|
|10 years average annual||4.7%||3.94%|
|Weekly media advert. rent||N/A||$345|
|Time on Market||0.0 days||67.3 days|
|Gross Rental Yield Percent||N/A||4.78%|
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