Forde is in the TOP 30% in ACT when comparing median price capital growth over the last year. Forde gave property investors a good capital gain figure when compared to the rest of the state, with 12.20%.
Over the longer term, Forde has seen property prices show investors a 22.76% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Forde is $770000, with sellers offering an average of -4.28% off the asking price.
With the median price for a house in Forde being $770000 and the advertised rent reaching $560 the gross rental yield for property investors calculates out to be 3.78%
If you compare the increase in value of investment property in Forde, 2914 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 1.98%.
Taking the average capital gain, or increase in median house value, Forde,2914 has racked up an average of 1.98% over the period. This ranks it number 1369th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Forde being $520100 and the advertised rent reaching $555 the gross rental yield for property investors calculates out to be 5.55%