Forrest has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -15.72% to date .
Forrest,2603 was ranked 3405 in Australia by increase in median property value over the quarter.
Advertised rents are around the $1162.5 mark per week – giving a return of 2.75% based on the median price in Suburb
Forrest has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 27.98% to date .
Forrest,2603 has offered an average of 27.98% return per annum in house price rises to property investors over the last three years.
A $570 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 1.22%.