Giving property investors a a poor capital gain of -7.87% for the last year, Forrestfield, 6058 is the 3729th highest performer in Australia in this respect.
The five-year average increase in median property values for Forrestfield,6058 has given property investors a potential capital gain of 13.89% across each of those five years.
The most recent median price for Forrestfield is $410000, with sellers offering an average of -8.00% off the asking price.
On average over the past year, suburb has had 14.83 sales per month, which equates to 178 per year.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 1.74%.
WA has seen average median house prices change by -4.11% which means that Forrestfield, 6058 has not done well for property investors by showing a capital gain of -7.89% over the last year
Over the longer term, Forrestfield has seen property prices show investors a 11.53% return over the last 3 years. This is worse than over the last 12 months
Forrestfield6058 is located in WA which offers an average discount of -8.31% to property investors. Forrestfield itself is showing figures that indicate -10.74% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $300 mark per week – giving a return of 4.24% based on the median price in Suburb