WA/
Forrestfield

Suburb Profile

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

house
unit

Property investors have seen a -2.82% 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 $397,000

Profits averaged -3.93% 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 4.58%.

An average of 15 real estate transactions take place per month in FORRESTFIELD which translates to 180 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $397,000 $367,500
GROWTH REPORT
Median Quarterly -2.82% N/A
Median 12 month -7.46% -12.08%
Median 3 years -11.78% 11.36%
Median 5 years 10.28% N/A
10 years average annual 1.02% 4.63%
Weekly media advert. rent $350 $300
Time on Market 81.8 days 85.5 days
Gross Rental Yield Percent 4.58% 4.24%
demographics (median values)
Total Population
11227
Weekly Household Income
1059
Household Size
2.60
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