Forrest is in the bottom 10% in ACT when comparing median price capital growth over the last year. Forrest gave property investors a dismal capital gain figure when compared to the rest of the state, with -20.57%.
The five-year average increase in median property values for Forrest,2603 has given property investors a potential capital gain of 3.26% across each of those five years.
With the median price for a house in Forrest being $2271750 and the advertised rent reaching $1100 the gross rental yield for property investors calculates out to be 2.52%
ACT has seen average median house prices change by 2.48% which means that Forrest, 2603 has done well for property investors by showing a capital gain of 25.00% over the last year
Comparing Forrest,2603 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.