Forrestdale, WA 6112: Suburb Profile & Property Report

Market Report

House report
Unit Report

Forrestdale has 66 houses available for sale. The median property price for a house is currently $736,500 with annual capital growth of 17.56% . There were 40 house sales in the past 12 months. On average, houses spend 8 days on market.

If you're thinking about buying an investment property in Forrestdale, consider that rental yields for houses are currently 4.87% with an average median rent of $695 weekly. Houses have seen 11.51% growth in the past quarter, and 17.56% growth in the past 12 months.

The size of Forrestdale is approximately 31.8 square kilometres. It has 12 parks covering nearly 37.7% of total area. The population of Forrestdale in 2011 was 1,062 people. By 2016 the population was 1,088 showing a population growth of 2.4% in the area during that time. The predominant age group in Forrestdale is 50-59 years.

Households in Forrestdale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestdale work in a trades occupation. In 2011, 78% of the homes in Forrestdale were owner-occupied compared with 74.3% in 2016.

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Key Market Data	House	Unit
Median price	$736,500	–
Quarterly growth	+11.51%	–
12-month growth	+17.56%	–
Average annual growth	+14.06%	–
Weekly median rent	$695	–
Gross rental yield	4.87%	6.28%
Number of Sales (12m)	40	–
Avg. Days on Market (12m)	8	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,062	1,088
Population change (5y)	-17.99%	+2.40%
Median household income (p/w)	$1,402	$1,471
Household income change (5y)	+14.26%	+4.92%
Median age of persons	38	41

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Forrestdale is $736,500 for houses.

The Median Growth in Forrestdale over the past 12 months is 17.56% for houses.

Over the past 12 months there were 40 houses sold in Forrestdale. On average, houses spent 8 days on market.

In the past 12 months up to August 2024 there were 40 houses sold in Forrestdale. On average, houses spent 8 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Forrestdale is $695 for houses.

The Rental Yield in Forrestdale is 4.87% for houses and 6.28% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Forrestdale was 1,088 in 2016, a +2.40% change compared to 2011.

The predominant age group in Forrestdale is 50-59 years.

The population of Forrestdale was 1,088 in 2016, a +2.40% change compared to 2011.

The predominant age group in Forrestdale is 40-49 years.

Most of the population in Forrestdale were born in Australia.

Most of the population in Forrestdale report their religion as No Religion.

Most of the population in Forrestdale report their income range as between $78,000 and $130,000 .

The median household income in Forrestdale was $1,471 in 2016, a +4.92% change compared to 2011.

Most of the population in Forrestdale report their income range as between $78,000 and $130,000 .

The median household income in Forrestdale was $1,402 in 2011, a +14.26% change compared to 2006.

Most of the population in Forrestdale work as Trades.

The chart below demonstrates the various levels of education in Forrestdale.

Most of the population in Forrestdale reached a qualification level of Certificate.

2011 2016

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