Investment property in Forrest has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.38%
A 4.91% growth in median value for property investors in Forrest,2603 puts this suburb at number 20th in terms of best performing suburbs in ACT
With the median price for a house in Forrest being $2281750 and the advertised rent reaching $1125 the gross rental yield for property investors calculates out to be 2.56%
Over the last year, property investments in Forrest, 2603 have given investors a capital gain of -4.56%. This compares badly with the 0.94% for ACT as a whole.
Over the longer term, Forrest has seen property prices show investors a -20.36% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Forrest is offering property investors an average of -3.95. This rate of discount on properties puts Suburb at number 2nd in terms of most discounted suburbs in ACT
Property investors should expect to get $570 weekly from the median priced house in this suburb.