Forestville is a small community in South Australia within the Unley local government area (postcode 5035). With a population of 1,400, the suburb has an established demographic with a median age of 39. Households earn a median income of $103K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Forestville is $1.5 million, having dropped significantly 32% over the past year. The current median weekly rent is $575. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops. The crime rate in the Unley LGA is moderate at 5,143 incidents per 100,000 population.
From an investment perspective, Forestville offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.5M/$950K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved -32.0% year-on-year.
Forestville is a small community in South Australia within the Unley local government area (postcode 5035). With a population of 1,400, the suburb has an established demographic with a median age of 39. Households earn a median income of $103K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Forestville is $1.5 million, having dropped significantly 32% over the past year. The current median weekly rent is $575. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops. The crime rate in the Unley LGA is moderate at 5,143 incidents per 100,000 population.
From an investment perspective, Forestville offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.5M/$950K), placing it in the premium segment. The price-to-income ratio of 14.6x is considered stretched. House prices have moved -32.0% year-on-year.