Investment property in Forrest has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.03%
Taking the average capital gain, or increase in median house value, Forrest,2603 has racked up an average of 11.03% over the period. This ranks it number 2024th in the whole country for real estate investors looking at median house price increases.
Renters in Suburb are facing rents around $11400 per annum or $950 every week.
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 -14.72%.
Over the longer term, Forrest has seen property prices show investors a -8.72% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Forrest should be aiming for at least -7.69% off the asking price, which is the average vendor discount being achieved at the moment.