Forest Hill, 3131 ranked 532th in VIC when comparing growth in median property values or capital gain over the last 12 months. Forest Hill is one of 2098 in our list for VIC
A 62.03% growth in median value for property investors in Forest Hill,3131 puts this suburb at number 403th in terms of best performing suburbs in VIC
Property buyers and investors in Forest Hill 3131 should be seeing an average reduction in asking price of around -7.51% . This means that Forest Hill is holding prices well when compared to other suburbs in VIC.
The VIC suburb of Forest Hill, 3131 is in the Whitehorse local government area.
Giving property investors a a stable capital gain of 10.05% for the last year, Forest Hill, 3131 is the 366th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Forest Hill comes in at number 103th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.12% offered to property buyers. Sellers in Forest Hill itself are offering an average vendor discount of -3.54% to real estate investors.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 7.99%, investors should hope to achieve an overall return of 3.06%