Glen Forrest is a smaller suburb in Western Australia within the Mundaring local government area (postcode 6071). With a population of 2,789, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Glen Forrest is $990,000, having surged 25% over the past year. The current median weekly rent is $705. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,950.
Glen Forrest is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 1 rail station, 34 bus stops.
From an investment perspective, Glen Forrest offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($990K/$951K). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +25.0% year-on-year.
Glen Forrest is a smaller suburb in Western Australia within the Mundaring local government area (postcode 6071). With a population of 2,789, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Glen Forrest is $990,000, having surged 25% over the past year. The current median weekly rent is $705. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,950.
Glen Forrest is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 1 rail station, 34 bus stops.
From an investment perspective, Glen Forrest offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($990K/$951K). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +25.0% year-on-year.