$500 ▲ +66.7%
Higher than 92% of suburb / locality areas.
- 2011: $300
- 2016: $470
- 2021: $500
Median weekly rent paid by households renting their home.
Forestdale · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $2,383 make Forestdale a much more expensive place to live than most similar areas. It is a suburb of large, detached houses where very few people rent and most residents own their homes. This creates a housing market that is far more costly than the state or national figures.
All suburb / locality areas, 2021. The marker is Forestdale — higher than 92% of areas.
| Forestdale | $500 |
|---|---|
| 4118, QLD | $360 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Weekly rents are among the highest at this level at $500, which is well above the national figure of $375. Home loans are also high, with the typical monthly payment sitting $650 above the Queensland average.
$500 ▲ +66.7%
Higher than 92% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,383 ▲ +19.1%
Higher than 86% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Forestdale, the largest group is $350–$549 at 40%, followed by $550–$749 (29%) and $200–$349 (25%).
Forestdale splits fairly evenly between $1,800–$2,999 (34%) and $3,000 or more (31%), with $1,000–$1,799 at 19%.
How homes are owned or rented.
Home ownership is very common here, with 45.4% of homes owned outright, a figure far above the Australian average of 31%. Meanwhile, only 5.7% of households rent, which is much lower than most other areas.
5.7% ▲ +0.5%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings that are rented.
45.4% ▲ +10.5%
Higher than 63% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Forestdale splits fairly evenly between Owned with a mortgage (47%) and Owned outright (45%), with Rented at 6%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 98.9% of the market, far above the state figure of 74.8%. These are typically large homes, with 96.6% having three or more bedrooms and 47.4% having exactly four.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
98.9% ▼ -1.1%
Higher than 63% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
96.6% ▼ -1.8%
Higher than 93% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Forestdale, Separate house is the majority at 99%; Flat or apartment is next at 1%.
In Forestdale, the largest group is 4 bedrooms at 48%, followed by 5 or more (31%) and 3 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Forestdale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31067/forestdale/topic/housing-dwellings