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Forcett
AREA REPORTS

Forcett

Forcett - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7173

house

Homeowners and real estate investors betting on FORCETT, 7173 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 21.3%.

A steady increase in median property prices over a five-year period in the suburb translates to a 42.39% capital gain.

Property investors in FORCETT enjoyed capital gains of 21.3% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $655,000.

Profits due to an upward trend in home prices there averaged 14.13% per annum over a 3-year period.

Home owners selling their properties and realtors in FORCETT usually have to wait an average of 22.6 days days before their assets are lifted off the market.

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

FORCETT, 7173 places 18th in Australia based on median property value growth during the quarter.

Data report can be found below

Forcett
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $655,000 N/A
GROWTH REPORT
Median Quarterly 14.51% N/A
Median 12 month 21.3% N/A
Median 3 years 42.39% N/A
Median 5 years 61.73% N/A
10 years average annual 7.46% N/A
Weekly media advert. rent N/A N/A
Time on Market 22.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
6595
Weekly Household Income
1100
Household Size
2.40
Age
43
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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