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Forth

POSTAL CODE: TAS, 7310
HOUSE

FORTH, 7310 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in TAS have risen as a whole, pulling FORTH, 7310 values up and netting property investors a capital gain of 7.91% for the past year.

Investors saw the median home price rise to $750,000.

Profits due to an upward trend in home prices in the suburb averaged 2.2% per annum over a 3-year period.

FORTH now ranks at the 138th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in FORTH are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In FORTH, homes and units usually stay on listing for an average of N/A.

In 2016, 13 properties were sold in FORTH during the past year, making it the 152nd most active market in TAS based on total real estate transactions.

Surburb overview

Forth is a picturesque rural suburb located approximately 12 kilometres west of Devonport, Tasmania. Situated along the banks of the Forth River, this charming community is known for its lush landscapes, fertile farmlands, and serene environment. Forth offers a peaceful country lifestyle while still being conveniently close to the amenities of nearby urban centres.

The population of Forth is around 800 residents, according to the latest census data. The suburb features a diverse demographic mix, including families, professionals, and retirees. This variety contributes to a vibrant and close-knit community atmosphere, where residents enjoy a relaxed pace of life and strong community connections.

Forth falls under the jurisdiction of the Central Coast Council. Public transportation options are limited, and most residents rely on personal vehicles for commuting and travel. However, the suburb's proximity to Devonport ensures that essential services and amenities are easily accessible.

In terms of education, Forth is home to Forth Primary School, which serves the local community and surrounding areas. For secondary education, students typically travel to nearby Devonport, where several high schools and colleges are available, including Devonport High School and Don College.

Forth is well-served by a range of nearby establishments and amenities. For shopping and everyday needs, residents often visit Devonport, which offers a variety of retail stores, supermarkets, cafes, and restaurants. Additionally, the suburb has local conveniences such as a general store and a post office, catering to daily necessities.

The Forth River provides a scenic backdrop for various activities, including fishing, kayaking, and riverside walks. The nearby Forth Falls and Leven Canyon offer stunning landscapes and hiking trails, making them popular destinations for nature enthusiasts and outdoor adventurers.

Forth also has several parks and green spaces, providing residents with opportunities for outdoor activities and relaxation. The Forth Recreation Ground is a central hub for community events and sports, featuring facilities for cricket, football, and other activities.

The community spirit in Forth is strong, with various local events and activities organised throughout the year. The suburb's rural setting and friendly community make it an ideal location for families and individuals seeking a peaceful and supportive environment.

Forth's combination of rural tranquillity and proximity to Devonport makes it an attractive location for a wide range of residents. Its scenic landscapes, coupled with the availability of quality schools, shopping centres, and recreational facilities, enhance its appeal as a prime residential suburb. The suburb's vibrant community spirit and natural beauty further contribute to its charm and desirability.

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