Giving property investors a a stable capital gain of 11.63% for the last year, Forestville, 2087 is the 1000th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Forestville,2087 has racked up an average of 11.63% over the period. This ranks it number 196th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Forestville is offering property investors an average of -5.52. This rate of discount on properties puts Suburb at number 996th in terms of most discounted suburbs in NSW
With the median price for a house in Forestville being $1430000 and the advertised rent reaching $845 the gross rental yield for property investors calculates out to be 3.07%
Over the last year, property investments in Forestville, 2087 have given investors a capital gain of -21.78%. This compares very badly with the 8.14% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Forestville,2087 has racked up an average of -21.78% over the period. This ranks it number 178th in the whole country for real estate investors looking at median house price increases.
In the last year 17 properties changed hands in Forestville, which puts it as the 463th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $640 mark per week – giving a return of 3.78% based on the median price in Suburb