Forde is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2914). With a population of 4,435, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $185K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Forde is $1.1 million, having dipped slightly 1.3% over the past year. Units have a median price of $843,000 (+68.6% YoY). The median weekly rent is $590 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,481.
Public transport access includes 22 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,127 incidents per 100,000 population.
From an investment perspective, Forde offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 6.2x is considered moderate. House prices have moved -1.3% year-on-year.
Forde is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2914). With a population of 4,435, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $185K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Forde is $1.1 million, having dipped slightly 1.3% over the past year. Units have a median price of $843,000 (+68.6% YoY). The median weekly rent is $590 (Census 2021). This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,481.
Public transport access includes 22 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,127 incidents per 100,000 population.
From an investment perspective, Forde offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 6.2x is considered moderate. House prices have moved -1.3% year-on-year.