Investment property in Glen Forrest has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.01%
While Glen Forrest,6071 ranked number 375th in WA for increase in median house value (annualised) increase, it is ranked 246th over the last 5 years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Glen Forrest itself are offering an average vendor discount of -4.58% to real estate investors.
In the last year 40 properties changed hands in Glen Forrest, which puts it as the 269th most active market in WA when comparing the number of sales per suburb.
Glen Forrest is 192th on a list of best yielding suburbs for rents in WA with a 4.25% return