Thinking about buying in Forest Grove? Now could not be a better time, with just 208 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,861,000 with prices in this suburb ranging from $322,000 to $4,378,000. Forest Grove is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $276.00 |
Median Monthly Mortgage | $1683.80 |
Median Persons Per Bedroom | 0.84 |
Average Household Size | 2.20 |
Average Age | 49.00 |
Average Income | $700.60 |
Average Cars Per Dwelling | 2.20 |
Average Properties Within 50M | 2 |
1 Bed  $321,000 |
3 Bed  $906,000 |
4 Bed  $2,879,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Forest Grove is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Forest Grove changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Forest Grove we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Forest Grove a better buying opportunity than it may have been in the past.
8 STRATHMORE DR, FOREST GROVE, NSW, 2795 | 4 | 2 | 4 | $890,000 - $930,000 |
Margaret River Independent School
(While the above schools are located with the suburb of Forest Grove there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
04-03-2024 | $900,000 | 8 STRATHMORE DR |
25-01-2024 | $1,100,000 | 14 WINGERETTA CL |
29-08-2023 | $930,000 | 6 STRATHMORE DR |
25-08-2023 | $1,165,000 | 732 LIMEKILNS RD |
31-03-2023 | $1,100,000 | 10 WINGERETTA CL |
28-02-2022 | $1,450,000 | 16 STRATHMORE DR |
05-08-2021 | $800,000 | 108 YARRAS LANE |
01-05-2020 | $476,000 | 7 STRATHMORE DR |
20-01-2020 | $637,500 | 8 WINGERETTA CL |
07-06-2019 | $515,000 | 630 LIMEKILNS RD |
21-12-2018 | $640,000 | 10 STRATHMORE DR |
21-12-2017 | $570,000 | 4 STRATHMORE DR |
31-05-2017 | $495,000 | 5 STRATHMORE DR |
20-12-2016 | $582,500 | 14 STRATHMORE DR |
16-11-2016 | $590,000 | 56 YARRAS LANE |
06-05-2016 | $570,000 | 15 STRATHMORE DR |
29-02-2016 | $385,000 | 555 LIMEKILNS RD |
30-09-2015 | $480,000 | 2 STRATHMORE DR |
04-09-2015 | $395,000 | 587 LIMEKILNS RD |
04-06-2015 | $628,000 | 19 STRATHMORE DR |
21-05-2015 | $440,000 | 4 STRATHMORE DR |
11-06-2014 | $505,000 | 6 WINGERETTA CL |
14-01-2014 | $540,000 | 72 YARRAS LANE |
24-04-2013 | $500,000 | 10 STRATHMORE DR |
30-01-2013 | $530,000 | 4 WINGERETTA CL |
23-11-2012 | $435,000 | 626 LIMEKILNS RD |
31-10-2012 | $489,000 | 19 STRATHMORE DR |
23-05-2012 | $390,000 | 4 STRATHMORE DR |
16-04-2010 | $629,000 | 21 KOONONG PL |
20-08-2009 | $525,000 | 10 STRATHMORE DR |
23-05-2008 | $490,000 | 4 WINGERETTA CL |
16-05-2008 | $385,000 | 626 LIMEKILNS RD |
24-01-2008 | $385,000 | 4 STRATHMORE DR |
01-11-2007 | $400,000 | 15 STRATHMORE DR |
08-12-2006 | $480,000 | 14 STRATHMORE DR |
07-07-2006 | $435,000 | 14 WINGERETTA CL |
24-02-2006 | $489,000 | 19 STRATHMORE DR |
16-12-2005 | $477,000 | 13 STRATHMORE DR |
26-09-2005 | $440,000 | 17 STRATHMORE DR |
28-07-2005 | $75,000 | 42 KOONONG PL |
02-02-2005 | $420,000 | 10 STRATHMORE DR |
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