Forrestfield is in the bottom 30% in WA when comparing median price capital growth over the last year. Forrestfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with -9.33%.
Forrestfield,6058 has offered an average of -9.33% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Forrestfield is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 194th in terms of most discounted suburbs in WA
Often selling an investment property can take time, and in Forrestfield the average time real estate has been on the market is 78.27 days.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 2.65%.
Property investors who have had real estate in Forrestfield, 6058 should be pleased with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.62%
Sellers are offering property buyers an average discount of -8.73% to buyers in Forrestfield at the moment, which is less than average for the rest of WA.
Often selling an investment property can take time, and in Forrestfield the average time real estate has been on the market is 131.57 days.