With a capital gain of -8.60% for the last 12 months, Forrestfield, 6058 has performed for property investments than its average annual 4.39% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Forrestfield has given property investors a paper return of -2.75%. This puts Suburb as 294 on a list of fastest fasting appreciating suburbs in WA
LACK OF BUYER INTEREST may well be the reason that Forrestfield is offering property investors an average of -8.04. This rate of discount on properties puts Suburb at number 221th in terms of most discounted suburbs in WA
Forrestfield, 6058’s gross rental yield is 4.89%
Property value increases in Forrestfield have tracked higher than the WA average of -3.39% over the last 12 months.
Forrestfield,6058 was ranked 521 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.55% to buyers in Forrestfield at the moment, which is less than average for the rest of WA.
At number 1411 in a list of fastest selling suburbs, Forrestfield is in the bottom 10% of suburbs in Australia with an average of days on market 138.5 for properties listed there.
The WA suburb of Forrestfield, 6058 is in the Kalamunda local government area.