Giving property investors a an unimpressive capital gain of 1.15% for the last year, Forest Lake, 4078 is the 2529th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Forest Lake,4078 has racked up an average of 1.15% over the period. This ranks it number 2806th in the whole country for real estate investors looking at median house price increases.
At number 753th of QLD’s most discounted properties, Forest Lake is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 1.57%, investors should hope to achieve an overall return of 4.67%
Giving property investors a a poor capital gain of -6.45% for the last year, Forest Lake, 4078 is the 1417th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Forest Lake has given property investors a paper return of 0.87%. This puts Suburb as 108 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Forest Lake are currently offering property investors an average price cut of -7.29% below the asking price at the moment.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of -0.36%, investors should hope to achieve an overall return of 6.10%