At number 1465th in the list of Australian suburbs ordered by increase in median house value over the last year, Forest Hill, 2651 is in the top 40% with a property value increase of 10.59% recorded in median house prices.
Over the longer term, Forest Hill has seen property prices show investors a 11.22% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Forest Hill is giving property investors an average Vendor Discount of around -5.09%. This puts suburb at number 487th in NSW when ranking the most discounted suburbs.
With the median price for a house in Forest Hill being $292500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.51%