Suburb Profile Report for Forde ACT (2914)

Forde House: Median price $810,000, Annual capital growth 13.97%, Number of sales 72, Weekly median advertised rent $630

Forde Unit: Median price $560,000, Annual capital growth 2.29%, Number of sales 18, Weekly median advertised rent $535

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

ACT has seen average median house prices change by 4.46% which means that Forde, 2914 has done well for property investors by showing a capital gain of 3.58% over the last year

If we look at median property appreciation over just the last three months, Forde has given property investors a paper return of 0.00%. This puts Suburb as 57 on a list of fastest fasting appreciating suburbs in ACT

Forde, 2914 is offering ACT ‘s 12th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.

Forde, 2914’s gross rental yield is 4.04%

With a capital gain of 5.86% for the last 12 months, Forde, 2914 has performed for property investments than its average annual 2.29% property growth over the last 5 years.

Over the longer term, Forde has seen property prices show investors a 6.46% return over the last 3 years. This is worse than over the last 12 months

Situated 11.92km from the CBD, Forde is one of Unincorporated ACT localities in the postcode 2914.

Information supplied by:


April 2019

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Named for Frank Forde, who was Australia’s prime minister for one week in 1945, the suburb of Forde in Canberra’s northern area is a wide open green space that puts the spotlight on greeneryFull summary

Massive addition to housing supply

Postcode: 2914

Median house price: $805,000

Stock on market: 111.8%

12-month growth: 3.9%

Named for Frank Forde, who was Australia’s prime minister for one week in 1945, the suburb of Forde in Canberra’s northern area is a wide open green space that puts the spotlight on greenery.

The suburb recorded a massive 111.8% boost in stock levels, with the number of houses going from 14 in January 2018 to 34 in January 2019. However, at the same time, prices may be starting to ease up, as values stumbled by 0.6% in the three months to January 2019.

Forde has over 10 parks, and a large chunk of the suburb is taken up by wetlands and nature reserves. Mulligans Flat Nature Reserve is considered one of the best bird-watching sites in the state. Nature aside, Forde also has many excellent amenities, like the Burgmann Anglican school, shops, cafes and a local pool.

Close
Metrics i HOUSE UNIT
$810,000 $560,000
0.00% 7.69%
3.58% 5.86%
13.97% 2.29%
$630 $535
72 18
4.04% 4.97%
58.61 99.36

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Very good (U)
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