With a capital gain of 5.73% for the last 12 months, Forestville, 2087 has performed for property investments than its average annual 8.17% property growth over the last 5 years.
Forestville,2087 has offered an average of 5.73% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Forestville should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 89 properties changed hands in Forestville, which puts it as the 337th most active market in NSW when comparing the number of sales per suburb.
Situated 12.05km from the CBD, Forestville is one of Warringah localities in the postcode 2087.
Forestville, 2087 ranked 521th in NSW when comparing growth in median property values or capital gain over the last 12 months. Forestville is one of 3163 in our list for NSW
With the median price for a house in Forestville being $880000 and the advertised rent reaching $645 the gross rental yield for property investors calculates out to be 3.81%