Profile for Forest Hill

3131

Forest Hill is located 18 km east of the CBD. Forest Hill is a residential suburb located in Melbourne's east. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period. The area includes a number of aged care facilities such as the Strathdon Nursing Home and Hostel and the St Thomas Community Retirement Village. The suburb also features the Forest Hill Chase and Brentford Square Shopping Centres Mahoneys Reserve and the Global Television Studios.

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$822k

Metro Melbourne

$793k

Quarterly Price Change

-5.8%

Metro Melbourne

-1.4%

Median Rent

$428

Metro Melbourne

$450

Rental Yield

2.5%

Metro Melbourne

2.9%

Detailed statistics below to be updated soon for the March 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 61.5% 55.6%
Days on Market 29.5 41
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $934,850 $733,000
4 Bedrooms $1,086,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $383 $490
3 Bedrooms $420 $420
4 Bedrooms $550 $480

Median data for March 2019 Quarter. Click here for details.

Median Sale Price

$753k

Metro Melbourne

$595k

Annual Price Change

3.7%

Metro Melbourne

0.4%

Median Rent

$370

Metro Melbourne

$425

Rental Yield

2.6%

Metro Melbourne

3.7%

Detailed statistics below to be updated soon for the March 2019 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 61.5% 55.6%
Days on Market 29.5 41
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $525,000 $571,000
3 Bedrooms $839,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $390 $440
3 Bedrooms n/a $521

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