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.

Recent Sales & Auction Results in Forest Hill

Address Price Type Method Sale Date Agent
Property List
41 Parkmore Rd, Forest hill 4 House (Res) Passed in Vendor Bid 16/09/2017 Noel Jones
1/5 Valma Ct, Forest hill - Townhouse (Res) Private Sale 22/08/2017 Woodards
1 Boeing Ct, Forest hill 3 House (Res) Passed in at Auction 16/09/2017 Buxton
25/305 Canterbury Rd, Forest hill 2 Apartment Passed in at Auction 16/09/2017 Ray White Blackburn

Median Sale Price

$1.09mil

Metro Melbourne

$822k

Quarterly Price Change

-0.3%

Metro Melbourne

2.9%

Median Rent

$400

Metro Melbourne

$420

Rental Yield

2.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 26 29
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $860,500
3 Bedrooms $970,000 $697,250
4 Bedrooms $1,190,000 $806,200

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $430
3 Bedrooms $398 $400
4 Bedrooms $523 $451

Median Sale Price

$703k

Metro Melbourne

$607k

Quarterly Price Change

-5.1%

Metro Melbourne

4.3%

Median Rent

$370

Metro Melbourne

$305

Rental Yield

2.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 26 29
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $362,500
2 Bedrooms $646,000 $539,000
3 Bedrooms $768,500 $730,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $350
2 Bedrooms $370 $420
3 Bedrooms n/a $500

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