At number 38th in the list of Australian suburbs ordered by increase in median house value over the last year, Forestville, 5035 is in the top 10% with a property value increase of 36.78% recorded in median house prices.
If we look at median property appreciation over just the last three months, Forestville has given property investors a paper return of 13.53%. This puts Suburb as 16 on a list of fastest fasting appreciating suburbs in SA
Situated 3.28km from the CBD, Forestville is one of Unley localities in the postcode 5035.
Property investors who have had real estate in Forestville, 5035 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.62%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forestville has fallen somewhat when compared to the 5 year average annual rate.
Forestville, 5035 is offering SA ‘s 156th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.
Forestville is 93th on a list of best yielding suburbs for rents in SA with a 4.78% return