AREA REPORTS

Forrestfield

Suburb Profile

Forrestfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6058

house

Property investors have seen a 0.6% gain in FORRESTFIELD based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains FORRESTFIELD, 6058 saw average growth in the long term.

The WA 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 $417,500

Profits averaged -3.41% per annum over a 3-year period, due to an downward trend in home prices in FORRESTFIELD, 6058.

This means, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

The gross rental yield in FORRESTFIELD, 6058 is 4.23%.

An average of 16.42 real estate transactions take place per month in FORRESTFIELD which translates to 197 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $417,500 N/A
GROWTH REPORT
Median Quarterly 0.6% N/A
Median 12 month 6.37% N/A
Median 3 years -10.22% N/A
Median 5 years 3.09% N/A
10 years average annual 1.76% N/A
Weekly media advert. rent $340 N/A
Time on Market 68.3 days N/A
Gross Rental Yield Percent 4.23% N/A
demographics (median values)
Total Population
11227
Weekly Household Income
1059
Household Size
2.60
demographics
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