If you compare the increase in value of investment property in Forest Lake, 4078 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.16%.
While Forest Lake,4078 ranked number 332th in QLD for increase in median house value (annualised) increase, it is ranked 452th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Forest Lake is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 777th in terms of most discounted suburbs in QLD
With the median price for a house in Forest Lake being $435000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.66%
Property value increases in Forest Lake have tracked just lower than the QLD average of 0.69% over the last 12 months.
Forest Lake,4078 has offered an average of -2.26% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Forest Lake is offering property investors an average of -5.76. This rate of discount on properties puts Suburb at number 49th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Forest Lake, 4078’s gross rental yield is 5.92%