Property investors who have had real estate in Forde, 2914 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 -3.85%
When looking at the potential capital gains offered to property investors over the last 3 years, Forde comes in at number 61th in ACT.
Sellers are offering property buyers an average discount of -4.75% to buyers in Forde at the moment, which is less than average for the rest of ACT.
Residents and property investors in Forde have been waiting around 79.83 days to sell a property.
Forde, 2914’s gross rental yield is 4.12%
Over the last year, property investments in Forde, 2914 have given investors a capital gain of -3.03%. This compares badly with the 0.57% for ACT as a whole.
The five-year average increase in median property values for Forde,2914 has given property investors a potential capital gain of 5.67% across each of those five years.
In the last year 14 properties changed hands in Forde, which puts it as the 62th most active market in ACT when comparing the number of sales per suburb.
Forde, 2914’s gross rental yield is 5.58%