Forrestfield, WA 6058
City Of Kalamunda, Western Australia
Good to Know
Forrestfield, WA 6058 is a tightly-held house market in the City Of Kalamunda area, currently positioned as a long-hold capital growth submarket. Located in Perth's eastern suburbs, east of the CBD, Forrestfield is home to roughly 13,181 adults across 6,654 dwellings and is recording a vacancy rate of 0.74%.
According to HtAG Analytics, Forrestfield is exhibiting tight supply and strong demand. Stock on Market sits at 0.34% and Inventory at 2.81 months — around the ~3-month balanced-market threshold — driving +18.3% YoY price growth and +3.8% YoY rent growth.
What the market data is signalling
Forrestfield's price gains outpace rental growth: 1-year price growth is +18.3% while 1-year rent growth is +3.8%. That divergence, combined with a gross yield of 3.74% (above the 3% guide), low vacancy and very low Stock on Market, signals a demand-driven upswing where capital growth is currently the dominant return driver.
Monitor the Markets in the Moment (MiM™) heatmap for real-time context: Markets in the Moment (MiM™) heatmap.
Who lives in Forrestfield — and why it matters for investors
Forrestfield sits at an IRSAD decile of 4, indicating below-average relative socioeconomic advantage. The suburb's renter/owner split is 22% (neutral), while the units/houses ratio is just 4% (opportune for low unit competition). These demographics can mean more stable owner-occupier demand but also greater sensitivity to affordability pressures; see the IRSAD Crossover study for how social-economic mix affects volatility and long-cycle growth.
Why suburb-level data matters for Forrestfield
Suburb metrics capture the local supply-demand balance investors actually face. Forrestfield's typical house price is $946,961, indicative gross yield is 3.74%, Stock on Market is 0.34%, Inventory is 2.81 months and median days on market are 44 days — a clear local profile investors should assess on its own merits rather than relying on broader averages. Read more on methodology in our LGA vs Suburb research.
For a downloadable breakdown, see the full Forrestfield data guide.
What's behind the RCS™ score of 89
The HtAG RCS™ score of 89 bundles three independent dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single composite so you can quickly match markets to strategy. Understanding the sub-score mix is essential to decide whether the area suits a capital-growth or cashflow approach; learn how the RCS™ is built.
open Forrestfield in HtAG Copilot to explore the full sub-score breakdown and scenario testing.
Forward signals to watch
The vacancy rate — currently 0.74%: sustained sub-1% vacancy generally implies ongoing landlord pricing power and tighter rental markets over the next 12–24 months, supporting rents and holding upward pressure on prices.
The building approvals ratio — currently 0.48%: this neutral reading suggests new supply is not excessive; a sustained rise would start to ease pressure on rents and stock, while continued neutrality keeps supply-side support limited.
The Perth cycle phase: a city-wide shift into a slower phase would temper local momentum and could slow price growth in Forrestfield, while stronger metro-level demand would reinforce the suburb's current upswing.
Does this area meet your investment goals?
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RCS Breakdown
Forrestfield's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Market Trends
Forrestfield's headline values — $946K to buy and $681PW to rent, a 3.73% gross yield. Over the past decade, prices have moved 126.59% and rents 85.33% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$946K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$681PW today, with rent growth at (+3.81% YoY) compared to price growth (+18.32%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Forrestfield in its cycle - and is the 3.73% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Forrestfield's long-hold story?
Beyond the headline price, Forrestfield carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Forrestfield's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Forrestfield can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Forrestfield genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Forrestfield prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Forrestfield - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Forrestfield looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Forrestfield's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Forrestfield has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Forrestfield shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Forrestfield has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Forrestfield 6058 WA is 10,687, with a median age of 38. Of those, 43.39% are married, 14.69% are divorced or separated, 36.74% are single and 5.20% are widowed.
The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $7,928. The median monthly mortgage repayment for households in this suburb is $1,733 which is 21.86% of their earnings.
Source: ABS Census Data (2021)