Investment property in Forest Lodge has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.86%
Comparing Forest Lodge,2037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
A $900 per week rent on the median house gives suburb investors a gross yield of circa 2.71%, without taking into account capital value appreciation, which has been averaging out at 8.23%.
Property investors who have had real estate in Forest Lodge, 2037 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -20.71%
The five-year average increase in median property values for Forest Lodge,2037 has given property investors a potential capital gain of -14.73% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Forest Lodge is offering property investors an average of -5.74. This rate of discount on properties puts Suburb at number 232th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Forest Lodge the average time real estate has been on the market is 85.5 days.
The NSW suburb of Forest Lodge, 2037 is in the Sydney (C) local government area.