At number 662th in the list of Australian suburbs ordered by increase in median house value over the last year, Forestville, 2087 is in the top 20% with a property value increase of 16.02% recorded in median house prices.
Forestville,2087 was ranked 1072 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Forestville itself are offering an average vendor discount of -4.85% to real estate investors.
Advertised rents are around the $850 mark per week – giving a return of 2.68% based on the median price in Suburb
With a capital gain of 8.81% for the last 12 months, Forestville, 2087 has performed for property investments than its average annual 8.97% property growth over the last 5 years.