At number 2740th in the list of Australian suburbs ordered by increase in median house value over the last year, Glen Forrest, 6071 is in the BOTTOM 40% with a property value increase of 1.06% recorded in median house prices.
Across a shorter period, Glen Forrest, 6071 has seen a median price increase of 0.97% over the last quarter.
The most recent median price for Glen Forrest is $570000, with sellers offering an average of -4.29% off the asking price.
Often selling an investment property can take time, and in Glen Forrest the average time real estate has been on the market is 83.06 days.
A $437.5 per week rent on the median house gives suburb investors a gross yield of circa 3.99%, without taking into account capital value appreciation, which has been averaging out at 3.80%.