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Forrestfield suburb profile

Forrestfield is a suburb located in the eastern part of Perth, Western Australia, known for its family-friendly atmosphere and natural surroundings. Situated approximately 15km from the Perth CBD, it offers a balance of suburban living with easy access to urban amenities. The suburb is characterized by its spacious residential properties, parks, and recreational facilities, making it an attractive option for families and outdoor enthusiasts. Forrestfield is also home to the popular Hartfield Park, which provides a range of sporting and leisure activities. With ongoing developments and infrastructure improvements, Forrestfield continues to grow as a desirable location for residents seeking a peaceful yet connected lifestyle.

Forrestfield property market performance

Current median dwelling price$610,852Past 3 months

Property growth+7.3%Past 12 months

Forrestfield's property market has experienced significant growth over the past 12 months, with house values increasing by 18.6%. The current median house price stands at $907,000, reflecting strong demand in the area. However, there has been no activity in the unit market, with no units sold or change in unit values.

Sales activity for houses has been robust, with 54 houses sold over the last 12 months. Houses are selling quickly, with a median of just 12 days on the market, indicating a competitive market environment. The unit market remains inactive, with no units sold in the same period.

The rental market in Forrestfield has seen moderate growth, with house rents increasing by 6.9% over the last 12 months, bringing the average rent to $695. In contrast, unit rents have remained unchanged, with an average rent of $595, reflecting the stagnant unit market.

HousesUnits
Median price
Past 3 months
$897KN/A
Change in value
Past 12 months
19.1%-4.5%
Sold
Past 3 months
501
Median days on market
Past 12 months
1210
Average rent
Past 12 months
$700$598
Change in rent
Past 12 months
7.7%N/A

5 year median price trend for houses and units

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Forrestfield demographics

Forrestfield, located in the eastern suburbs of Perth, is a family-friendly area known for its community-oriented atmosphere and convenient access to both urban amenities and natural attractions. With a population of 13,181 and a median age of 38, Forrestfield is home to a balanced mix of families, professionals, and retirees. The suburb's proximity to the Perth Hills offers residents a scenic backdrop and opportunities for outdoor activities, making it an appealing choice for those who appreciate a blend of suburban living and nature.

The housing landscape in Forrestfield is characterized by a high rate of home ownership, with 29% of properties owned outright and 47.7% owned with a mortgage. This reflects a stable community with many long-term residents. The rental market, comprising 23.3% of properties, provides options for those seeking flexibility, including young families and professionals. The suburb's median total household income of $1,614 per week indicates a comfortable standard of living for its residents.

Family life is a significant aspect of Forrestfield, with 40.6% of households being couple families with children and 38.9% being couple families without children. One-parent families make up 18.7% of the community, highlighting the suburb's inclusivity and support for diverse family structures. Forrestfield's community spirit is further enhanced by local schools, parks, and shopping centers, which contribute to its reputation as a welcoming and convenient place to live.

Forrestfield infrastructure, key developments and investment opportunities

Forrestfield’s property market is being reshaped by the Forrestfield–Airport Link, which has placed the suburb directly on the rail network and significantly improved access to the CBD and airport, boosting its appeal to commuters and frequent travellers.[1] Improved connectivity via Tonkin and Roe Highways, together with established shopping centres and local services, supports strong demand from families and workers seeking convenient access to employment hubs while retaining a suburban lifestyle.[1][2]

Multiple local primary and secondary schools, including Dawson Park Primary School, Forrestfield Primary School, Woodlupine Primary School and several private colleges, underpin family demand and help stabilise values across a range of price points.[1][4] Proximity to the Darling Scarp and local parks enhances liveability and outdoor amenity, which, combined with recent transport upgrades, positions Forrestfield for continued buyer interest and potential long-term capital growth.[1][6]

Forrestfield rental market trends

The rental market in Forrestfield has experienced moderate growth, with house rents increasing by 6.9% over the past year to $695 per week, while unit rents have remained stable at $595 per week. This stability in unit rents, coupled with the rise in house rents, reflects a balanced demand in the suburb, making it an attractive option for both renters and investors seeking steady returns.

Suburbs near Forrestfield

Some popular suburbs near Forrestfield include:

How does Forrestfield compare to nearby suburbs?

  • Median house prices: Forrestfield’s median house price is 16.5% lower than Wattle Grove’s.
  • Median unit prices: Forrestfield’s median unit price is 15.6% lower than Beckenham’s.
  • House price growth: Over the past 12 months, house prices in Forrestfield have grown 15.0% higher than in Wattle Grove.
  • Unit price growth: Property prices in nearby Beckenham have risen 19.2% more than in Forrestfield over the past year.
  • Selling speed for houses: Properties in Forrestfield are selling 7.7% faster than in Wattle Grove.
  • Selling speed for units: Properties in nearby Beckenham are selling 20.0% faster than in Forrestfield.
  • Investment considerations: In Forrestfield, the rental yield for house is 8.6% lower than the Perth average, while the rental yield for units is 9.8% lower.
  • House price growth: Over the past 12 months, house prices in Forrestfield have grown 21.2% lower than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Forrestfield have grown 21.5% lower than the average rate of growth for units across Perth.

Common questions about Forrestfield

  • Is Forrestfield a nice place to live?

    Forrestfield is a charming suburb that offers a delightful blend of suburban tranquility and convenient access to urban amenities. Known for its welcoming community and lush natural surroundings, it is an ideal place for families seeking a peaceful lifestyle. The suburb's spacious residential properties and abundance of parks make it a haven for outdoor enthusiasts and those who appreciate a bit of greenery. With its proximity to the Perth Hills, residents can enjoy scenic views and a variety of outdoor activities, adding to the suburb's appeal.

    Families will find Forrestfield particularly attractive due to its strong community spirit and excellent local schools. The suburb is well-equipped with shopping centers and recreational facilities, ensuring that all essential amenities are within easy reach. Safety is generally not a major concern, contributing to the suburb's family-friendly atmosphere. The recent transport upgrades, including the Forrestfield–Airport Link, have significantly enhanced connectivity, making it easier for residents to commute to the CBD and other employment hubs.

    While Forrestfield offers a fantastic lifestyle, there are some trade-offs to consider. The suburb lacks the vibrant nightlife and cultural scene of inner-city areas, which might be a downside for those seeking a more dynamic social life. However, this is balanced by the suburb's peaceful environment and the strong sense of community that it fosters. Overall, Forrestfield is a wonderful place to live for those who value a serene suburban lifestyle with easy access to both nature and city conveniences.

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  • Is it expensive to live in Forrestfield?

    Living in Forrestfield can be considered relatively expensive, especially when you compare it to other suburbs in the area. The current median house price is $907,000, which is quite substantial. Interestingly, there aren't any units available, so if you're thinking of living in Forrestfield, buying a house is your main option. Renting a house costs around $695 per week, which is on the higher side for the region.

    When we look at the average wage in Forrestfield, which is about $75,000 per year, it becomes clear that a significant portion of income would need to be allocated to housing costs. In comparison, the median total household income weekly is $1,614, which suggests that many residents might find the housing market a bit challenging to navigate. This is especially true when you consider the broader economic landscape in the area.

    Overall, while Forrestfield offers a desirable living environment with its amenities and community feel, the cost of living, particularly in terms of housing, is quite high. If you're considering making Forrestfield your home, it's important to carefully evaluate your financial situation to ensure it aligns with the expenses associated with living in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Forrestfield a good place to invest?

    Forrestfield is showing promising signs as a potential investment hotspot, particularly for those interested in houses. Over the past year, the suburb has experienced a significant 18.6% increase in median house values, indicating strong demand and a robust market. This growth suggests that Forrestfield is becoming increasingly attractive to buyers, which could be due to its appealing location and amenities.

    While the median unit values have remained stable with no change, the rental market for houses has seen a healthy 6.9% increase in rents over the last year. This rise in rental income potential makes houses in Forrestfield an appealing option for investors seeking steady returns. The stability in unit values and rents suggests that the unit market may not be as dynamic currently, but it could offer opportunities for those looking for long-term stability.

    Overall, Forrestfield presents a compelling case for investment, especially in the housing sector. The combination of strong capital growth and rising rental yields for houses makes it an attractive option for investors looking to capitalize on a growing market. While units haven't shown the same level of growth, the suburb's overall potential remains strong, making it a worthwhile consideration for property investment.

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Choose the right real estate agents in Forrestfield

In Forrestfield ,86 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 41.6% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2% and 2.88%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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