Suburb Profile Report for Forestdale QLD (4118)

Forestdale House: Median price $755,000, Annual capital growth 4.09%, Number of sales 47, Weekly median advertised rent $540

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

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 2.11% which means that Forestdale, 4118 has done well for property investors by showing a capital gain of 2.37% over the last year

A 20.80% growth in median value for property investors in Forestdale,4118 puts this suburb at number 300th in terms of best performing suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Forestdale, 4118. Typically our figures indicate that -5.20% is being offered, which puts this QLD suburb at 2430th most discounted overall in Australia.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 4.09%.

HOUSE UNIT
$755,000 N/A
1.34% N/A
2.37% N/A
4.09% N/A
$540 N/A
47 N/A
3.72% N/A
93.86 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Forestdale QLD
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
Chart Table
Recent sales & rentals