Forestville is an average performer in SA when comparing median price capital growth over the last year. Forestville gave property investors a average capital gain figure when compared to the rest of the state, with 2.31%.
Forestville,5035 was ranked 2129 in Australia by increase in median property value over the quarter.
SA has seen average median house prices change by 4.28% which means that Forestville, 5035 has done well for property investors by showing a capital gain of -23.09% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forestville has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Forestville should be aiming for at least -3.59% off the asking price, which is the average vendor discount being achieved at the moment.
At number 49 in a list of fastest selling suburbs, Forestville is in the TOP 10% of suburbs in Australia with an average of days on market 31.25 for properties listed there.
Forestville is 90th on a list of best yielding suburbs for rents in SA with a 4.73% return