Suburb Profile
Forrestfield - FREE SUBURB PROFILE REPORT POSTAL CODE: WA,6058
Property investors have seen a 1.22% 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 $415,000
Profits averaged -3.26% 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 4.26%.
An average of 16.25 real estate transactions take place per month in FORRESTFIELD which translates to 195 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.22% | N/A |
| Median 12 month | 3.75% | N/A |
| Median 3 years | -9.78% | N/A |
| Median 5 years | 5.06% | N/A |
| 10 years average annual | 1.38% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 66.3 days | N/A |
| Gross Rental Yield Percent | 4.26% | N/A |
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