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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Forrestdale, the median property price for a house is currently 741,500 with annual capital growth of 12.78 . There were 43 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 4.91 with an average median rent of 700 weekly. Houses have seen 6.31 growth in the past quarter, and 12.78 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.
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 | 741,500 | – |
| Quarterly growth | +6.31 | – |
| 12-month growth | +12.78 | – |
| Average annual growth | +14.22 | – |
| Weekly median rent | 700 | – |
| Gross rental yield | 4.91 | 6.28 |
| Number of Sales (12m) | 43 | – |
| Avg. Days on Market (12m) | 8 | – |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
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 were born in Australia.
Most of the population in Forrestdale report their religion as No Religion.
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.
Most of the population in Forrestdale work as Trades.
The chart below demonstrates the various levels of education in Forrestdale.
The chart below demonstrates the various levels of education in Forrestdale.
Most of the population in Forrestdale reached a qualification level of Certificate.
Most of the population in Forrestdale reached a qualification level of Certificate.
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