Fraud Blocker

Forestville, SA 5035

Home » SA Real Estate Data » City of Unley, SA » Forestville, SA 5035

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Forestville, SA 5035 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Forestville, SA 5035”

  1. The total adult population (15 years or older) of Forestville 5035 SA is 1,184, with a median age of 39. Of those, 39.70% are married, 11.32% are divorced or separated, 46.54% are single and 2.70% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $10,024. The median monthly mortgage repayment for households in this suburb is $1,733 which is 17.29% of their earnings.

    Source: ABS Census Data (2021)

  2. Houses in the suburb of FORESTVILLE 5035, located in SA, typically trade hands at $1,015,902 AUD and are rented at $499 per week. This equates to an indicative yield of 2.55%. The area encompasses an estimated 747 households, making it a focal point for property buyers, investors, and real estate stakeholders.

    The IRSAD score stands at 1061 out of 1217. Despite being on the higher side of the socio-economic spectrum, Forestville exhibits an excellent balance of urban charm and fiscal empowerment. This score mirrors a nuanced blend of economic resources, high income levels, and a neighbourhood dotted with skilled professions.

    The supply and demand metrics in FORESTVILLE hint towards a stable investment locality. The suburb has a renter to owner ratio of 32%, highlighting a majority of owner-occupier dominated real estate. Likewise, the units to houses ratio is 24%, indicating a balanced scale of dwelling type, usually leaning towards detached or semi-detached houses over units. An optimal balance of supply-demand can suggest solid rental returns for prudent investors.

    However, the affordability index for houses is 40 years, slightly tipping the scales towards lower affordability. Despite the robust property prices, FORESTVILLE maintains its appeal among property purchasers. The stock on market Percentage for houses is 0.17%, indicating a favourable low supply. The inventory level for houses is merely 0.75 months, underlining expedited turnover rates for dwellings on the market.

    Further contributing to favourable investment conditions, the building approvals ratio for houses stands at 0.0%, insinuating a subdued growth in the property supply pipeline. The average number of days on market for houses is 29, pointing towards a high demand for FORESTVILLE residences. Additionally, the vacancy rate (combined houses and units) is a desirable 0.84%.

    Adding to this optimistic view, the buy search index for houses stands at a neutral 5, depicting an average volume of property inquiries compared to the state average. As such, FORESTVILLE is a blended market that caters to both, the buyers looking for a place to call home and the investors seeking favourable rental returns.

    Remember, keeping tabs on property market data like the RCS, which combines over 80 metrics, is key to making an informed decision in property investment.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment