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%.