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While most properties will double in a decade, most of the gains will happen in two to four years with six to eight years of stagnation in b...
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Property investors have seen a -0.27% 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 decrease 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 $365,000
Profits averaged -3.44% 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 $365 based on current median home prices for the suburb.
The gross rental yield in FORRESTFIELD, 6058 is 5.2%.
An average of 14.08 real estate transactions take place per month in FORRESTFIELD which translates to 169 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $365,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.27% | N/A |
| Median 12 month | -6.89% | N/A |
| Median 3 years | -10.32% | N/A |
| Median 5 years | -20.13% | N/A |
| 10 years average annual | 0.33% | N/A |
| Weekly media advert. rent | $365 | N/A |
| Time on Market | 66.2 days | N/A |
| Gross Rental Yield Percent | 5.2% | N/A |
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