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AREA REPORTS

Forestville

Suburb Profile

Forestville - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5035

house
unit

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 $626,500.

The upward trend in home prices in FORESTVILLE, 5035 averaged 1.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 3.32% increase in returns based on the current median price in FORESTVILLE.

An average of 1.17 real estate transactions take place per month in FORESTVILLE which translates to 14 per annum.

14 properties were sold in FORESTVILLE in 2016, making it the 397th most active market in SA based on total real estate transactions.

FORESTVILLE, 5035 places 374th 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 $626,500 $360,000
GROWTH REPORT
Median Quarterly -5.08% N/A
Median 12 month -14.41% N/A
Median 3 years 5.29% 4.65%
Median 5 years 13.91% -18.18%
10 years average annual 4.18% -5.82%
Weekly media advert. rent $400 $370
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 3.32% 5.34%
demographics (median values)
Total Population
1277
Weekly Household Income
1008
Household Size
2.20
demographics
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