Glen Forrest WA Property Investment

Kalamunda · 6071 · Score: 67/100 · Buy

Median House Price
$1.23M
Rental Yield
3.0%
Vacancy Rate
0.9%
Median Weekly Rent
$718/wk
Median Unit Price
$638K
Population
2,789
Days on Market
54 days
Annual Growth
21.3%

Glen Forrest Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$241/night
Occupancy Rate
%
Est. Annual Revenue
$57K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Glen Forrest WA Investment Brief

BUY — 3.0% gross yield on a $1,233,811 (pending peer validation) median.

THE MARKET

Glen Forrest has compounded at 2.6%/yr over 5 years. Median sits in the $1,233,811 (pending peer validation) band today. Properties are sitting on market for 54 days (buyers have negotiating room).

  • Median house: $1,233,811 (pending peer validation) | Units: $637,908
  • Gross yield: 3.0% | Net yield: 1.5%
  • 5yr price CAGR: 2.6%/yr | 3yr forecast: 13.5%/yr
  • Population: 2,789 | Owner-occupier rate: 92% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 0.9% (improving) | Rental demand: Very High
  • Median weekly rent: $718/wk | Days on market: 54 (worsening)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

Insufficient STR data for this suburb. Run a specific address analysis for property-level STR projections.

INFRASTRUCTURE & CATALYSTS

  • METRONET (Perth Rail Expansion) (Under Construction)
  • Transport: Standard suburban transport access

BULL CASE

If Glen Forrest maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,418,883 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Glen Forrest pull back 10-15% from $1,233,811, with vacancy rising to 1.6% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Mirrabooka (WA): $888,983 median, 4.1% yield, 13.2% 1yr growth
  • Guildford (WA): $998,192 median, 4.0% yield, 18.3% 1yr growth
  • Marangaroo (WA): $950,000 median, 4.3% yield, 8.3% 1yr growth

THE PLAY

Glen Forrest presents a compelling investment opportunity. The combination of solid fundamentals and very high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.0% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.

  • Entry range: $1,110,430 – $1,357,192
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification2.5/10
▼High SEIFA decile — already upgraded or established affluent area
—Outer suburban location (23.4km to CBD) — slower gentrification cycle
▲Active development pipeline (1220 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
3.4%
p.a.
2yr Forecast
3.1%
p.a.
5yr Forecast
2.7%
p.a.

Basis: 5yr CAGR 2.6% + 10yr CAGR 4.6%

Growth drivers
  • +Very tight rental market (vacancy 0.9%) — upward price pressure
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • −High supply pipeline (1220 new approvals) — may cap price growth

Suburb Metric Thresholds

7 green5 yellow4 red
Rental Vacancy Rate
0.9 high impact
Days on Market
54 high impact
Weekly Rent (house)
718 medium impact
5yr Price CAGR
2.58 high impact
10yr Price CAGR
4.57 high impact
1yr Price Growth
21.3 medium impact
Population Growth
0.59 high impact
Median Household Income
2163 medium impact
Unemployment Rate
4.2 medium impact
Public Transport Score
22 medium impact
School Zone Quality
7.2 medium impact
Distance to CBD
23.42 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
92.1 medium impact
Gross Rental Yield (%)
3.03 high impact
Net Rental Yield (%)
1.53 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

170

2020

412

2021

284

2022

142

2023

212

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 6071

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

3,502

Education (IEO)

8/10

Econ. Resources (IER)

10/10

10-Year Investment Projection

Modelled on Glen Forrest WA data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $718/wk median rent for Glen Forrest. Capital growth and rent increase are editable assumptions.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.