Forest Hill is in the bottom 20% in NSW when comparing median price capital growth over the last year. Forest Hill gave property investors a dismal capital gain figure when compared to the rest of the state, with -0.38%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forest Hill has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Forest Hill are currently offering property investors an average price cut of -5.05% below the asking price at the moment.
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
With the median price for a house in Forest Hill being $264000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.91%