Market snapshot
Suburb insights for Forest Hill3131
Change suburbLocated 18 km east of the CBD is Forest Hill a residential suburb. The neighbourhood is home to a number of aged care facilities including the Uniting AgeWell Strathdon Community. The suburb also features the Forest Hill Chase Shopping Centre and Brentford Square Shopping Centre Mahoneys Reserve and Forest Hill Reserve.
Sales data
Median sale price
$1.2mil
Quarterly price change
5.7%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Forest Hill | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,095,000 | $807,500 |
| 4 | $1,360,000 | $950,000 |
| Insight | Forest Hill | Metro comparison |
|---|---|---|
| Clearance rate | 90.2% | 73.3% |
| Days on market | 36 | 42 |
Rental data
Median weekly rent
$590
Rental yield
2.5%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Forest Hill | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | $580 | $550 |
| 4 | $635 | $595 |
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