Suburb Profile Report for Forest Hill QLD (4342)

Forest Hill House: Median price $296,375, Annual capital growth 7.25%, Number of sales 20, Weekly median advertised rent $300

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Forest Hill, 4342 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.40%.

Forest Hill,4342 was ranked 376 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Forest Hill should be aiming for at least -10.53% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$296,375 N/A
6.99% N/A
-4.40% N/A
7.25% N/A
$300 N/A
20 N/A
5.26% N/A
165.46 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 730
Median household income ($/weekly) 926
Median age of persons 38
Median housing loan repayment ($/monthly) 1600
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 102 14.0
    20-24 years 72 9.9
    35-44 years 76 10.4
    45-54 years 104 14.2
    55-64 years 108 14.8
    Others 268 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 249 47.9
    Not Married 224 43.1
    Defacto Relationship 47 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 573 87.3
    Papua New Guinea 16 2.4
    United Kingdom 26 4.0
    Viet Nam 8 1.2
    Other 8 1.2
    Others 25 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 459 72.4
    No Religion 158 24.9
    Buddhism 8 1.3
    Other Religious Groups 6 0.9
    Hinduism 3 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 33 16.1
    $600-$799 24 11.7
    $800-$999 30 14.6
    $1,000-$1,249 21 10.2
    $1,250-$1,499 22 10.7
    Others 75 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 213 40.4
    Employed, worked full-time 168 31.9
    Employed, worked part-time 98 18.6
    Employed, away from work 25 4.7
    Unemployed, looking for work 23 4.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 37 12.8
    Professionals 33 11.4
    Technicians & trades workers 39 13.5
    Community & personal service workers 40 13.8
    Labourers 62 21.5
    Others 78 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 3.2
    Infants/Primary 63 33.5
    Secondary 53 28.2
    Technical or Further Educational Institution 15 8.0
    University or other Tertiary Institutions 48 25.5
    Others 3 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 647 97.3
    Flat, unit or apartment 10 1.5
    Semi-detached, row or terrace house, townhouse 8 1.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 96 39.2
    Being purchased 80 32.7
    Rented 66 26.9
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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