Investment property in Forest Lake has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.10%
A 15.16% growth in median value for property investors in Forest Lake,4078 puts this suburb at number 542th in terms of best performing suburbs in QLD
Property buyers and investors in Forest Lake 4078 should be seeing an average reduction in asking price of around -4.24% . This means that Forest Lake is holding prices well when compared to other suburbs in QLD.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 3.34%.
Forest Lake, 4078 ranked 234th in QLD when comparing growth in median property values or capital gain over the last 12 months. Forest Lake is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Forest Lake,4078 has racked up an average of -1.61% over the period. This ranks it number 1546th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Forest Lake is $305000, with sellers offering an average of -6.58% off the asking price.
Advertised rents are around the $345 mark per week – giving a return of 5.88% based on the median price in Suburb