At number 3719th in the list of Australian suburbs ordered by increase in median house value over the last year, Forrestfield, 6058 is in the BOTTOM 20% with a property value increase of -7.06% recorded in median house prices.
Forrestfield,6058 was ranked 3226 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.23% offered to property buyers. Sellers in Forrestfield itself are offering an average vendor discount of -7.50% to real estate investors.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 0.91%, investors should hope to achieve an overall return of 4.61%
Property value increases in Forrestfield have tracked lower than the WA average of -4.87% over the last 12 months.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.97%, investors should hope to achieve an overall return of 4.52%