Property investors who have had real estate in Forest Lake, 4078 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.38%
The five-year average increase in median property values for Forest Lake,4078 has given property investors a potential capital gain of 16.80% across each of those five years.
Property investors looking for a bargain in Forest Lake should be aiming for at least -1.91% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Forest Lake have been waiting around 5 days to sell a property.
Over the last year, property investments in Forest Lake, 4078 have given investors a capital gain of 5.00%. This compares favourably with the -0.09% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Forest Lake,4078 has racked up an average of 5.00% over the period. This ranks it number 1439th in the whole country for real estate investors looking at median house price increases.