Thinking about buying in Forrestdale? Now could not be a better time, with a whopping 1144 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $840,000 with prices in this suburb ranging from $380,000 to $7,069,000.Distance to the coast is 11 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Forrestdale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Forrestdale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Forrestdale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
|Median Weekly Rent||$367.50|
|Median Monthly Mortgage||$1821.00|
|Median Persons Per Bedroom||0.75|
|Average Household Size||3.00|
|Average Cars Per Dwelling||3.18|
|Average Properties Within 50M||6.00|
|25 ALEX WOOD DR, FORRESTDALE, WA, 6112||$1- 1.1m + gst|
|775 ARMADALE RD, FORRESTDALE, WA, 6112||$6,800,000|
Forrestdale Primary School
Carey Baptist College Forrestdale(While the above schools are located with the suburb of Forrestdale there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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