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 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%|