Forestville, 5035 ranked 6th in SA when comparing growth in median property values or capital gain over the last 12 months. Forestville is one of 853 in our list for SA
The five-year average increase in median property values for Forestville,5035 has given property investors a potential capital gain of 31.33% across each of those five years.
Renters in Suburb are facing rents around $5340 per annum or $445 every week.
Over the last year, property investments in Forestville, 5035 have given investors a capital gain of 10.30%. This compares favourably with the 3.52% for SA as a whole.
Across a shorter period, Forestville, 5035 has seen a median price increase of 8.91% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Forestville itself are offering an average vendor discount of -4.94% to real estate investors.
With the median price for a house in Forestville being $391000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.39%