Forbury Property Market And House Prices

Suburb of Dunedin City

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Forbury, Dunedin City

Average House Value

2.1%
$441,450

Average Rent

$525

Estimated Yield

6.2%

Long Term Capital Growth

7.5%

Ed's Insights

Forbury is a suburb in Dunedin City.

918 people currently live in Forbury. 47.7% of these people rent.

The average house value in Forbury is $441,450.

That’s down 2.8% from from 2 years ago.

The median rent in Forbury is $525.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.1%
$441,450

Median Days to Sell

22

Properties listed for sale in the last month

2

Properties sold in the last 12 months

21

Insights

The average house value in Forbury is $441,450.

On average it takes 22 days to sell a house.

All up 21 properties were sold in Forbury over the last year, and 2 properties were listed for sale in the last month.

Rental Data

Median Rent

$525

Rental properties listed last year

4,449

Rental properties listed last month

426

Median days to rent

21
BedroomsRentChange
1 Bedroom
$359/week10.6%
2 Bedrooms
$532/week8.7%
3 Bedrooms
$620/week5.1%
4 Bedrooms
$750/week7.1%

Insights

There is no rental data available for Forbury at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Forbury want?

The most popular number of bedrooms a tenant rents in Forbury is 3 bedrooms.

43.3% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Forbury is 1 car.

48.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Forbury?

How many Cars do renters have in Forbury?