Market snapshot
Suburb insights for Forest Hill3131
Change suburbForest Hill, approximately 18 km east of the CBD, is a well-established suburb with family homes, strong schools, and ample green spaces. With Forest Hill Chase Shopping Centre and easy freeway access, it is popular with families seeking convenience and lifestyle.
Sales data
Median sale price
$1.3mil
Quarterly price change
2.2%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Forest Hill | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $1,140,000 | $851,000 |
| 4 | $1,380,000 | $970,000 |
| Insight | Forest Hill | Metro comparison |
|---|---|---|
| Clearance rate | 82.1% | 77.8% |
| Days on market | 32 | 36 |
Rental data
Median weekly rent
$650
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Forest Hill | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | $630 | $550 |
| 4 | $730 | $600 |
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