QLD has seen average median house prices change by 2.40% which means that Forest Lake, 4078 has done well for property investors by showing a capital gain of 7.25% over the last year
Across a shorter period, Forest Lake, 4078 has seen a median price increase of -0.23% over the last quarter.
Forest Lake, 4078 is offering QLD ‘s 698th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
Situated 18.15km from the CBD, Forest Lake is one of Brisbane localities in the postcode 4078.
Property investors who have had real estate in Forest Lake, 4078 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.64%
Over the longer term, Forest Lake has seen property prices show investors a -3.13% return over the last 3 years. This is an improvement over the last 12 months
Forest Lake4078 is located in QLD which offers an average discount of -5.70% to property investors. Forest Lake itself is showing figures that indicate -5.31% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $342.5 and the average annual increase in value of a median property of 4.57%, investors should hope to achieve an overall return of 5.75%