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 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%|