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Investment Property Forest Hill, VIC, 3131

Suburb Snapshot

Forest Hill is a suburb in the Whitehorse Region of Victoria. Forest Hill has a population of 10,624 people and 24.86% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed 5.00% over the past year and changed 5.00% over 2 years.

The median rent in Forest Hill for houses is $595 per week and the median rental yield is 2.94%. Stock on the market for houses/townhouses has changed 32.26% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is $580,000 and this has changed -15.95% over the past year. The average unit takes 58 days to sell and the median rent for a unit in Forest Hill is $520 per week, producing a rental yield of 4.66%.

Supply & Demand in Forest Hill, Whitehorse

0.99%

Current vacancy rate


46

Rental stock available


10,624

Population


24.86%

Rental population


1.07%

Current vacancy rate


819

Rental stock available


162,076

Population


25.58%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Forest Hill, Whitehorse

  House Townhouses Units
Median listing price $1,050,000 $970,000 $580,000
Median price change - last quarter -2.92% 6.66% -1.69%
Median price change - 1 year 5.00% 9.29% -15.95%
Median price change - 2 years 5.00% 14.11% -10.77%
  House Townhouses Units
Median weekly rent $595 $695 $520
Median yield % 2.94% 3.72% 4.66%
Median rent change - 1 year 8.18% 13.00% 18.18%
  House Units
Previous month sales 16 5
Stock on market previous month 41 14
Stock variance vs. last year 32.26% 0.00%
Average days on market 46 58

Forest Hill investment property listings

Showing 1 of 1 investment properties found in Forest Hill on realestateinvestar.com.au

62 Lee Ann St, Forest Hill

$2,050,000

property pic

Five Star Luxury Among a Picturesque Landscape

Boasting the exquisite modern tones and contemporary class you'd come to expect from such a grand contemporary residence, this magazine worthy home is all you could want property and so much more. Backing onto picturesque parks, close to shopping and local schools, it's clear from the outset that ...

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5

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House

VIC 3131


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