Property investors who have had real estate in Forestville, 5035 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -14.41%
Comparing Forestville,5035 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
With the median price for a house in Forestville being $626500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.32%
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of -5.82%, investors should hope to achieve an overall return of 5.34%