Giving property investors a a poor capital gain of -5.25% for the last year, Forrest, 2603 is the 3539th highest performer in Australia in this respect.
Comparing Forrest,2603 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Forrest, 2603’s gross rental yield is 2.36%
Investment property in Forrest has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -23.13%
Across a shorter period, Forrest, 2603 has seen a median price increase of -5.77% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Forrest is offering property investors an average of -4.09. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in ACT