If you compare the increase in value of investment property in Forestdale, 4118 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.15%.
While Forestdale,4118 ranked number 703th in QLD for increase in median house value (annualised) increase, it is ranked 346th over the last 5 years.
The most recent median price for Forestdale is $730000, with sellers offering an average of -4.88% off the asking price.
Often selling an investment property can take time, and in Forestdale the average time real estate has been on the market is 101.63 days.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 3.33%, investors should hope to achieve an overall return of 3.92%