Suburb Profile Report for Forestdale QLD (4118)

Forestdale House: Median price $742,500, Annual capital growth 4.06%, Number of sales 44, Weekly median advertised rent $470

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Forestdale, 4118 have given investors a capital gain of 1.85%. This compares averagely with the 1.98% for QLD as a whole.

While Forestdale,4118 ranked number 523th in QLD for increase in median house value (annualised) increase, it is ranked 209th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Forestdale itself are offering an average vendor discount of -6.77% to real estate investors.

A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.29%, without taking into account capital value appreciation, which has been averaging out at 4.06%.

HOUSE UNIT
$742,500 N/A
-0.34% N/A
1.85% N/A
4.06% N/A
$470 N/A
44 N/A
3.29% N/A
86.59 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2520
Median household income ($/weekly) 2126
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 365 14.5
    15-19 years 251 10.0
    35-44 years 336 13.3
    45-54 years 429 17.0
    55-64 years 438 17.4
    Others 701 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 1156 60.9
    Not Married 626 33.0
    Defacto Relationship 115 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1797 73.7
    Papua New Guinea 86 3.5
    United Kingdom 184 7.5
    Viet Nam 36 1.5
    Other 140 5.7
    Others 196 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 3.7
    Christianity 1772 75.8
    Hinduism 12 0.5
    Islam 19 0.8
    No Religion 433 18.5
    Others 14 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 104 16.0
    $2,000-$2,499 90 13.8
    $2,500-$2,999 92 14.1
    $3,000-$3,499 71 10.9
    $4,000 or more 56 8.6
    Others 239 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 44.1
    Not in the labour force 530 27.1
    Employed, worked part-time 422 21.6
    Employed, away from work 79 4.0
    Unemployed, looking for work 63 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 208 15.2
    Professionals 255 18.7
    Technicians & trades workers 221 16.2
    Clerical & administrative workers 264 19.3
    Sales 119 8.7
    Others 299 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 23 3.5
    Infants/Primary 230 34.6
    Secondary 224 33.7
    Technical or Further Educational Institution 49 7.4
    University or other Tertiary Institutions 116 17.5
    Others 22 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2438 99.7
    Semi-detached, row or terrace house, townhouse 8 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 381 52.6
    Fully owned 302 41.7
    Rented 42 5.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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