If you compare the increase in value of investment property in Forestville, 5035 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 43.82%.
When looking at the potential capital gains offered to property investors over the last 3 years, Forestville comes in at number 16th in SA.
Property value increases in Forestville have tracked close to the SA average of 4.05% over the last 12 months.
LACK OF BUYER INTEREST may well be the reason that Forestville is offering property investors an average of -6.42. This rate of discount on properties puts Suburb at number 131th in terms of most discounted suburbs in SA
Residents and property investors in Forestville have been waiting around 56 days to sell a property.
With the median price for a house in Forestville being $369000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.65%