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Forest Reefs is a suburb in Area of Blayney, Australia with 517 residents. The median house price is $838K with a rental yield of 1.7%. Our analysis rates Forest Reefs with a suburb score of 95/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
95
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Forest Reefs has a suburb score of 95/100 for investment timing, placing it among the top-performing suburbs in Area of Blayney for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Forest Reefs as a priority suburb.
Forest Reefs's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Forest Reefs include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Forest Reefs has outperformed many suburbs in Area of Blayney for property value appreciation.
Forest Reefs is located within Area of Blayney Local Government Area in Australia. Area of Blayney encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Forest Reefs is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Forest Reefs is $838K based on recent sales data. This median price positions Forest Reefs as a mid-market suburb in Area of Blayney, balancing accessibility for investors with capital growth potential.
Forest Reefs has an average rental yield of 1.7%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Forest Reefs typically focus on long-term wealth building rather than immediate cash flow.
Forest Reefs has a population of approximately 517 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Forest Reefs is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Forest Reefs's suburb score of 95/100 can be compared against other suburbs in Area of Blayney to identify relative investment value. With a score above 80, Forest Reefs ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Area of Blayney using our platform to find the best investment opportunities.
