Giving property investors a an unimpressive capital gain of -1.49% for the last year, Forestville, 5035 is the 3078th highest performer in Australia in this respect.
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.
Sellers are offering property buyers an average discount of -5.13% to buyers in Forestville at the moment, which is less than average for the rest of SA.
In the last year 19 properties changed hands in Forestville, which puts it as the 389th most active market in SA when comparing the number of sales per suburb.
Situated 3.10km from the CBD, Forestville is one of Unley localities in the postcode 5035.
Over the last year, property investments in Forestville, 5035 have given investors a capital gain of -19.69%. This compares very badly with the 4.30% for SA as a whole.
Comparing Forestville,5035 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Forestville are currently offering property investors an average price cut of -3.59% below the asking price at the moment.
In the last year 18 properties changed hands in Forestville, which puts it as the 121th most active market in SA when comparing the number of sales per suburb.
Situated 3.26km from the CBD, Forestville is one of Unley localities in the postcode 5035.