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 -5.23%
Forrest,2603 was ranked 3896 in Australia by increase in median property value over the quarter.
In the last year 19 properties changed hands in Forrest, which puts it as the 81th most active market in ACT when comparing the number of sales per suburb.
The ACT suburb of Forrest, 2603 is in the Unincorporated ACT local government area.
Property investors who have had real estate in Forrest, 2603 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -26.47%
Forrest,2603 has offered an average of -26.47% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Forrest 2603 should be seeing an average reduction in asking price of around -5.93% . This means that Forrest is holding prices well when compared to other suburbs in ACT.
Property investors should expect to get $530 weekly from the median priced house in this suburb.