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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 5 of 91 investment properties found in Forest Hill on realestateinvestar.com.au

3/470-474 Canterbury Rd, Forest Hill

$680,000

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Designer Interiors with Exceptional Outdoor Appeal Beside Brentf

Fully renovated with all new appliances and fittings, this single level luxurious home presents a rare opportunity to secure a stylish, move-in-ready two-bedroom, two-bathroom residence with an expansive backyard rarely seen in unit living. Every element of the home has been thoughtfully updated, ...

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VIC 3131


103 Husband Rd, Forest Hill

$1,220,000

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INVESTMENT TRIFECTA

Capturing the corner and creating a unique three-in-one offering, this substantial home provides the perfect opportunity for multi-generational families, siblings purchasing together or investors looking for high-yield rental returns. Effectively split into three different dwellings with ...

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VIC 3131


2/2-4 Flora Grove, Forest Hill

$1,050,000

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Single-Level Ease in a Quiet Rear Position

Tucked privately at the rear of a well maintained block of four units, this charming single level residence delivers a perfect blend of comfort, space, and low maintenance living in the heart of Forest Hill. Immaculately presented, the home features a light-filled lounge, a generous open plan ...

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Unit

VIC 3131


1/18 Lernes St, Forest Hill

$685,000

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Single level haven in a private location

Tucked privately at the end of a low-traffic enclave, be welcomed home by the lush embrace of a wrap-around garden before stepping into this generously designed single level unit. The fresh ambience of polished floorboards and newly painted walls enhances the natural light that streams throughout. ...

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VIC 3131


1 Yardley Ct, FOREST HILL

$1,050,000

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A classic blank canvas in a peaceful cul-de-sac

Ripe with enormous value, this modest three bedroom home boasts that rare trifecta of a tranquil court position, a north-facing backyard, and opportunity for a prosperous future. Neatly presented, the lounge and dining room with open fireplace sits alongside the bright kitchen. Outside, there's a ...

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VIC 3131


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