With a capital gain of 29.25% for the last 12 months, Forrest, 2603 has performed for property investments than its average annual 7.75% property growth over the last 5 years.
Forrest,2603 has offered an average of 29.25% return per annum in house price rises to property investors over the last three years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.67% offered to property buyers. Sellers in Forrest itself are offering an average vendor discount of -8.27% to real estate investors.
Forrest is in the bottom 10% in ACT when comparing median price capital growth over the last year. Forrest gave property investors a dismal capital gain figure when compared to the rest of the state, with -23.17%.
When looking at the potential capital gains offered to property investors over the last 3 years, Forrest comes in at number 64th in ACT.
At number 3rd of ACT’s most discounted properties, Forrest is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 4.02km from the CBD, Forrest is one of Unincorporated ACT localities in the postcode 2603.