Forest Lake, 4078 ranked 449th in QLD when comparing growth in median property values or capital gain over the last 12 months. Forest Lake is one of 2415 in our list for QLD
A 12.21% growth in median value for property investors in Forest Lake,4078 puts this suburb at number 366th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Forest Lake are currently offering property investors an average price cut of -3.49% below the asking price at the moment.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 2.29%, investors should hope to achieve an overall return of 4.42%
Forest Lake has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -3.13% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forest Lake has fallen somewhat when compared to the 5 year average annual rate.
Advertised rents are around the $330 mark per week – giving a return of 6.16% based on the median price in Suburb