With a capital gain of 42.45% for the last 12 months, Forestville, 5035 has performed for property investments than its average annual 9.22% property growth over the last 5 years.
Forestville,5035 has offered an average of 42.45% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Forestville 5035 should be seeing an average reduction in asking price of around -4.14% . This means that Forestville is holding prices well when compared to other suburbs in SA.
At number 55 in a list of fastest selling suburbs, Forestville is in the TOP 10% of suburbs in Australia with an average of days on market 32.5 for properties listed there.
Forestville, 5035’s gross rental yield is 2.65%
Property value increases in Forestville have tracked lower than the SA average of 4.44% over the last 12 months.
Over the longer term, Forestville has seen property prices show investors a -4.05% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Forestville is giving property investors an average Vendor Discount of around -3.30%. This puts suburb at number 152th in SA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.