At number 98th in the list of Australian suburbs ordered by increase in median house value over the last year, Forrest, 2603 is in the top 10% with a property value increase of 30.52% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Forrest,2603 has racked up an average of 30.52% over the period. This ranks it number 2998th in the whole country for real estate investors looking at median house price increases.
The ACT suburb of Forrest, 2603 is in the Unincorporated ACT local government area.
Investment property in Forrest has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.42%
Forrest,2603 was ranked 775 in Australia by increase in median property value over the quarter.
The most recent median price for Forrest is $536250, with sellers offering an average of -3.54% off the asking price.
Forrest is 29th on a list of best yielding suburbs for rents in ACT with a 5.33% return