Investment property in Forestville has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.80%
Property value increases in Forestville have tracked close to the SA average of 2.97% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forestville has increased when compared to the 5 year average annual rate.
At number 98th of SA’s most discounted properties, Forestville is in the middle of the state/territory when listing in order of most discounted to least.
Residents and property investors in Forestville have been waiting around 105.58 days to sell a property.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 1.78%, investors should hope to achieve an overall return of 4.51%