Market Indexes of Forest Hill
- $1,194,750 Median Asking Price
- $475 Median Rent
- 0.02% Rent Yield
- 140 Stock On Sale
- 0.64% Vacancy Rate
- 32 Average Supply
- 3537 Average Demand
- 111.12 Supply Demand Ratio
Demographics of Forest Hill
Dwelling Structure
| Separate house | 2955 |
|---|
| Semi-detached | 770 |
|---|
| Unit/apartment | 194 |
|---|
| Other | 3 |
|---|
Occupied/unoccupied
| Occupied | 3925 |
|---|
| Unoccupied | 311 |
|---|
Persons
Tenure and Landlord Type
| Owned outright | 1620 |
|---|
| Owned with a mortgage | 1224 |
|---|
| Rented | 717 |
|---|
| Public housing | 198 |
|---|
| Other | 165 |
|---|
Medians and Averages
| Median total household income | 1118 $/week |
|---|
| Median mortgage repayment | 1800 $/month |
|---|
| Median rent | 301 $/week |
|---|
| Average household size | 2.4 |
|---|
| Persons | 10052 |
|---|
| Total private dwellings | 4236 |
|---|
Supply Demand History in Forest Hill
| Month | Supply | Demand |
|---|
| 2015 Apr | 40 | 6414 |
| 2015 May | 42 | 5896 |
| 2015 Jun | 33 | 4502 |
| 2015 Jul | 33 | 3895 |
| 2015 Aug | 48 | 4845 |
| 2015 Sep | 47 | 4328 |
| 2015 Oct | 46 | 4069 |
| 2015 Nov | 42 | 3259 |
| 2015 Dec | 28 | 2098 |
| 2016 Jan | 31 | 3386 |
| 2016 Feb | 40 | 3632 |
| 2016 Mar | 32 | 3506 |
| 2016 Apr | 33 | 3600 |
More Properties Sold in Forest Hill
| Address | | Sold Date | Price |
|---|
| 3 Course Close, Forest Hill VIC | 3 1 1 | 24 Apr 2024 | $1,020,000 |
| 32 Quentin Street, Forest Hill VIC | - - - | 20 Apr 2024 | $1,055,000 |
| 3/70 Mahoneys Road, Forest Hill VIC | 3 2 2 | 20 Apr 2024 | $1,240,000 |
| 361 Springvale Road, Forest Hill VIC | 5 1 3 | 19 Apr 2024 | $1,041,000 |
| 6 Mill Avenue, Forest Hill VIC | 2 1 2 | 13 Apr 2024 | $1,055,000 |
More Properties Rent in Forest Hill
Rent Yield in Forest Hill
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|
| ALL |
| 1 | $300,000 | $350 | 6.07% | $300,000 | $350 | 6.07% | 3 |
| 2 | $668,368 | $533 | 4.15% | $670,000 | $525 | 4.07% | 28 |
| 3 | $934,438 | $602 | 3.35% | $970,000 | $605 | 3.24% | 74 |
| 4 | $1,196,769 | $721 | 3.13% | $1,250,000 | $730 | 3.04% | 34 |
| 5 | $1,206,800 | $850 | 3.66% | $1,425,000 | $850 | 3.10% | 12 |
| 6 | $1,550,000 | $850 | 2.85% | $1,550,000 | $850 | 2.85% | 2 |
| House |
| 2 | $1,000,000 | - | - | $1,100,000 | - | - | 3 |
| 3 | $983,778 | $610 | 3.22% | $1,000,000 | $615 | 3.20% | 33 |
| 4 | $1,337,000 | $643 | 2.50% | $1,290,000 | $610 | 2.46% | 13 |
| 5 | $1,650,000 | $750 | 2.36% | $1,650,000 | $750 | 2.36% | 3 |
| 6 | $1,550,000 | $850 | 2.85% | $1,550,000 | $850 | 2.85% | 2 |
| Unit/apmt |
| 1 | $300,000 | $350 | 6.07% | $300,000 | $350 | 6.07% | 2 |
| 2 | $543,167 | $477 | 4.57% | $547,000 | $520 | 4.94% | 9 |
| 3 | $790,000 | $575 | 3.78% | $790,000 | $575 | 3.78% | 3 |
| 4 | - | $730 | - | - | $730 | - | 1 |
| Townhouse |
| 2 | $800,000 | $640 | 4.16% | $800,000 | $640 | 4.16% | 3 |
| 3 | $793,333 | $680 | 4.46% | $790,000 | $680 | 4.48% | 5 |
| 4 | - | $733 | - | - | $775 | - | 4 |
| Unknown |
| 1 | - | $350 | - | - | $350 | - | 1 |
| 2 | $626,667 | $521 | 4.32% | $670,000 | $493 | 3.83% | 13 |
| 3 | $940,947 | $583 | 3.22% | $990,000 | $580 | 3.05% | 33 |
| 4 | $1,033,167 | $763 | 3.84% | $1,075,000 | $850 | 4.11% | 16 |
| 5 | $1,096,000 | $950 | 4.51% | $1,375,000 | $950 | 3.59% | 9 |
Based on Australian Bureau of Statistics data
