VIC has seen average median house prices change by 8.96% which means that Forest Hill, 3131 has done well for property investors by showing a capital gain of 8.74% over the last year
Forest Hill,3131 was ranked 1000 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -7.01% to buyers in Forest Hill at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $410 mark per week – giving a return of 2.20% based on the median price in Suburb
Forest Hill is in the TOP 10% in VIC when comparing median price capital growth over the last year. Forest Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 26.15%.
A 50.46% growth in median value for property investors in Forest Hill,3131 puts this suburb at number 311th in terms of best performing suburbs in VIC
Forest Hill, 3131 is offering VIC ‘s 40th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Residents and property investors in Forest Hill have been waiting around 95.63 days to sell a property.
Situated 16.69km from the CBD, Forest Hill is one of Whitehorse localities in the postcode 3131.