Loading...
Loading...
The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
2023 Picki. All rights reserved.
Forest Range is a suburb in District Council of Adelaide Hills, Australia with 236 residents. The median house price is $815K with a rental yield of 1.8%. Our analysis rates Forest Range with a suburb score of 44/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
44
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]
Loading...
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. |
|---|
Forest Range has a suburb score of 44/100 for investment timing, placing it in the emerging investment category. While current market conditions in Forest Range suggest a cautious approach, there may be specific property types or price points that offer value. We recommend detailed due diligence on individual properties and monitoring Forest Range's market trends.
Forest Range's capital growth outlook is variable based on current market indicators. Capital growth in Forest Range may be uneven and dependent on broader market conditions. We recommend focusing on properties with strong individual characteristics such as location, land size, and development potential.
Forest Range is located within District Council of Adelaide Hills Local Government Area in Australia. District Council of Adelaide Hills encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Forest Range is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Forest Range is $815K based on recent sales data. This median price positions Forest Range as a mid-market suburb in District Council of Adelaide Hills, balancing accessibility for investors with capital growth potential.
Forest Range has an average rental yield of 1.8%, 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 Range typically focus on long-term wealth building rather than immediate cash flow.
Forest Range has a population of approximately 236 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Forest Range is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Forest Range's suburb score of 44/100 can be compared against other suburbs in District Council of Adelaide Hills to identify relative investment value. Forest Range's current score suggests other suburbs in District Council of Adelaide Hills may offer better investment timing at present. Use our suburb comparison tools to identify the highest-scoring alternatives in the area. Compare all suburbs in District Council of Adelaide Hills using our platform to find the best investment opportunities.
