Forest Hill VIC 3131

Here you can find what you need to know about Forest Hill, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$980k Median Sale Price (National Average $485k) 192nd In VIC
-5.34% Median Price Change (1 yr) (National Average 4.30%) 2508th In VIC
$440pw Median Rent (National Average $395) 334th In VIC
2.3% Median Gross Yield (National Average 4.24%) 902nd In VIC
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Properties sold 118
Average discounting -6.02%
Average Days on Market 59
Stock on Market 15 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Forest Hill, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Forest Hill, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Forest Hill, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Forest Hill


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
VIC 36 29%
ACT 6 50%
NSW 26 47%
NT 1 0%
QLD 27 19%
SA 22 47%
TAS 2 0%
WA 10 20%

Local Schools


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Suburb Information

Forest Hill, VIC 3131

Part of: Whitehorse Council No data available

The size of Forest Hill is approximately 4.1 square kilometres. It has 12 parks covering nearly 6.4% of total area. The population of Forest Hill in 2011 was 10,051 people. By 2016 the population was 10,628 showing a population growth of 5.7% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation. In 2011, 72.5% of the homes in Forest Hill were owner-occupied compared with 70.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Forest Hill

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Forest Hill   for Houses in last 12 months


There have been 110 Houses sold in Forest Hill in the past 12 months with a median sale price of $980K, up -6.79% annually. It takes on average 60 days to sell with vendor discounting of -6.02%.

Streets in Forest Hill


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Mitcham VIC, 3132 1.67% $1,037,000 $450pw 2.2% View Suburb Profile
Blackburn VIC, 3130 -2.86% $1,360,000 $490pw 1.9% View Suburb Profile
Vermont VIC, 3133 -1.48% $1,000,000 $460pw 2.4% View Suburb Profile
Glen Waverley VIC, 3150 -0.75% $1,320,000 $520pw 2.0% View Suburb Profile
Vermont South VIC, 3133 -0.34% $1,180,000 $525pw 2.3% View Suburb Profile
Nunawading VIC, 3131 0.59% $1,016,000 $440pw 2.2% View Suburb Profile