Suburb Profile Report for Forestville SA (5035)

Forestville House: Median price $817,600, Annual capital growth 9.40%, Number of sales 15, Weekly median advertised rent $475

Forestville Unit: Median price $363,000, Annual capital growth 5.45%, Number of sales 25, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 2.92% which means that Forestville, 5035 has done well for property investors by showing a capital gain of 48.65% over the last year

The five-year average increase in median property values for Forestville,5035 has given property investors a potential capital gain of 30.55% across each of those five years.

Situated 3.26km from the CBD, Forestville is one of Unley localities in the postcode 5035.

Property value increases in Forestville have tracked lower than the SA average of 3.64% over the last 12 months.

Our latest figures would indicate that property sellers in Forestville are currently offering property investors an average price cut of -4.19% below the asking price at the moment.

Metrics i HOUSE UNIT
$817,600 $363,000
8.29% N/A
48.65% -19.69%
9.40% 5.45%
$475 $320
15 25
3.02% 4.58%
N/A 47.09

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1350
Median household income ($/weekly) 1227
Median age of persons 35
Median housing loan repayment ($/monthly) 1731
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 147 10.9
    25-34 years 285 21.1
    35-44 years 209 15.5
    45-54 years 198 14.7
    55-64 years 156 11.6
    Others 355 26.3
    Age Group
    Census Count Percent(%)
    Not Married 454 43.7
    Registered Married 427 41.1
    Defacto Relationship 159 15.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 981 75.5
    Croatia 22 1.7
    Hong Kong 33 2.5
    United Kingdom 72 5.5
    Other 56 4.3
    Others 135 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.8
    Christianity 694 56.0
    Hinduism 25 2.0
    Islam 14 1.1
    No Religion 474 38.2
    Others 11 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 40 7.6
    $600-$799 44 8.3
    $800-$999 48 9.1
    $1,000-$1,249 62 11.8
    $1,500-$1,999 69 13.1
    Others 264 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 499 46.3
    Not in the labour force 263 24.4
    Employed, worked part-time 247 22.9
    Employed, away from work 42 3.9
    Unemployed, looking for work 26 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 102 12.9
    Professionals 265 33.5
    Technicians & trades workers 74 9.4
    Community & personal service workers 77 9.7
    Clerical & administrative workers 118 14.9
    Others 154 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 22 6.0
    Infants/Primary 112 30.8
    Secondary 60 16.5
    Technical or Further Educational Institution 38 10.4
    University or other Tertiary Institutions 120 33.0
    Others 12 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 845 65.6
    Semi-detached, row or terrace house, townhouse 247 19.2
    Flat, unit or apartment 192 14.9
    Caravan, cabin, houseboat 4 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 210 37.8
    Rented 194 34.9
    Fully owned 146 26.3
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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