Suburb Profile Report for Forrestdale WA (6112)

Forrestdale House: Median price $545,000, Annual capital growth 11.33%, Number of sales 14, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Forrestdale, 6112 should be relatively unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.68%

Over the longer term, Forrestdale has seen property prices show investors a 9.66% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Forrestdale is $545000, with sellers offering an average of -9.31% off the asking price.

Residents and property investors in Forrestdale have been waiting around 147.15 days to sell a property.

With the median price for a house in Forrestdale being $545000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.01%

Metrics i HOUSE UNIT
$545,000 N/A
13.54% N/A
-2.68% N/A
11.33% N/A
$420 N/A
14 N/A
4.01% N/A
147.15 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Forrestdale WA
Demographics
Total population 1062
Median household income ($/weekly) 1418
Median age of persons 39
Median housing loan repayment ($/monthly) 1717
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 142 13.4
    25-34 years 111 10.5
    35-44 years 142 13.4
    45-54 years 191 18.0
    55-64 years 150 14.1
    Others 326 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 391 49.3
    Not Married 310 39.1
    Defacto Relationship 92 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 783 77.8
    Japan 13 1.3
    Papua New Guinea 24 2.4
    United Kingdom 104 10.3
    Other 28 2.8
    Others 55 5.5
    Country of Birth
    Census Count Percent(%)
    Christianity 614 63.2
    No Religion 333 34.3
    Buddhism 9 0.9
    Islam 9 0.9
    Other Religious Groups 6 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 37 11.3
    $1,000-$1,249 29 8.9
    $1,500-$1,999 51 15.6
    $2,000-$2,499 28 8.6
    $2,500-$2,999 36 11.0
    Others 145 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 345 42.4
    Not in the labour force 223 27.4
    Employed, worked part-time 173 21.3
    Employed, away from work 45 5.5
    Unemployed, looking for work 28 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 12.9
    Professionals 73 13.0
    Technicians & trades workers 101 18.0
    Clerical & administrative workers 88 15.7
    Machinery operators & drivers 69 12.3
    Others 157 28.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 100 40.7
    Secondary 78 31.7
    Technical or Further Educational Institution 29 11.8
    University or other Tertiary Institutions 29 11.8
    Pre-school 10 4.1
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 995 99.4
    Caravan, cabin, houseboat 3 0.3
    Improvised home, tent, sleepers out 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 169 45.7
    Fully owned 126 34.1
    Rented 70 18.9
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals