Forestville has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.96% to date .
While Forestville,2087 ranked number 185th in NSW for increase in median house value (annualised) increase, it is ranked 108th over the last 5 years.
At number 592th of NSW’s most discounted properties, Forestville is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $850 mark per week – giving a return of 2.80% based on the median price in Suburb
Forestville is in the bottom 30% in NSW when comparing median price capital growth over the last year. Forestville gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.28%.
The five-year average increase in median property values for Forestville,2087 has given property investors a potential capital gain of 73.19% across each of those five years.
In the last year 18 properties changed hands in Forestville, which puts it as the 471th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Forestville, 2087 is in the Warringah local government area.