WA/
Forrestfield

Suburb Profile

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

house
unit

Property investors have seen a -1.39% drop in FORRESTFIELD based on a decrease 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 $390,500

Profits averaged -4.73% 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 $350 based on current median home prices for the suburb.

The gross rental yield in FORRESTFIELD, 6058 is 4.66%.

An average of 15.83 real estate transactions take place per month in FORRESTFIELD which translates to 190 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,500 $390,000
GROWTH REPORT
Median Quarterly -1.39% 6.12%
Median 12 month -8.12% 1.04%
Median 3 years -14.18% N/A
Median 5 years 6.99% N/A
10 years average annual 0.79% 6.61%
Weekly media advert. rent $350 $290
Time on Market 77.9 days 0.0 days
Gross Rental Yield Percent 4.66% 3.87%
demographics (median values)
Total Population
11227
Weekly Household Income
1059
Household Size
2.60
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