Suburb Profile Report for Forestdale QLD (4118)

Forestdale House: Median price $782,500, Annual capital growth 2.52%, Number of sales 28, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Forestdale, 4118 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.71%.

Comparing Forestdale,4118 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Forestdale is giving property investors an average Vendor Discount of around -6.61%. This puts suburb at number 306th in QLD when ranking the most discounted suburbs.

On average over the past year, suburb has had 2.33 sales per month, which equates to 28 per year.

Metrics i HOUSE UNIT
$782,500 N/A
7.75% N/A
0.71% N/A
2.52% N/A
N/A N/A
28 N/A
N/A N/A
102.521739130435 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2520
Median household income ($/weekly) 2126
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 365 14.5
    15-19 years 251 10.0
    35-44 years 336 13.3
    45-54 years 429 17.0
    55-64 years 438 17.4
    Others 701 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 1156 60.9
    Not Married 626 33.0
    Defacto Relationship 115 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1797 73.7
    Papua New Guinea 86 3.5
    United Kingdom 184 7.5
    Viet Nam 36 1.5
    Other 140 5.7
    Others 196 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 3.7
    Christianity 1772 75.8
    Hinduism 12 0.5
    Islam 19 0.8
    No Religion 433 18.5
    Others 14 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 104 16.0
    $2,000-$2,499 90 13.8
    $2,500-$2,999 92 14.1
    $3,000-$3,499 71 10.9
    $4,000 or more 56 8.6
    Others 239 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 44.1
    Not in the labour force 530 27.1
    Employed, worked part-time 422 21.6
    Employed, away from work 79 4.0
    Unemployed, looking for work 63 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 208 15.2
    Professionals 255 18.7
    Technicians & trades workers 221 16.2
    Clerical & administrative workers 264 19.3
    Sales 119 8.7
    Others 299 21.9
    Occupation
    Census Count Percent(%)
    Pre-school 23 3.5
    Infants/Primary 230 34.6
    Secondary 224 33.7
    Technical or Further Educational Institution 49 7.4
    University or other Tertiary Institutions 116 17.5
    Others 22 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2438 99.7
    Semi-detached, row or terrace house, townhouse 8 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 381 52.6
    Fully owned 302 41.7
    Rented 42 5.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table