Forest Hill, VIC 3131
Compare Part of Whitehorse
18.02 km
Distance from Melbourne CBD
21 k
Population
Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 12 Vanbrook Street 5 2 2 House | 10:00 AM Sat 23rd Nov | Barry Plant |
 | 4 Wendy Street 4 2 2 House | 11:00 AM Sat 23rd Nov | Ray White |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 6 Andrew Street 3 2 2 House | 10:00 AM Sat 30th Nov | Ray White |
 | 34/305 Canterbury Road 2 1 1 Unit | 10:00 AM Sat 30th Nov | Fletchers |
 | 8 Olympic Court 5 3 2 House | 11:00 AM Sat 30th Nov | Noel Jones Real Estate |
 | 6-8 Gregory Mews 4 2 2 House | 11:00 AM Sat 30th Nov | Jellis Craig |
 | 10 Lowana Crescent 4 2 2 House | 11:00 AM Sat 30th Nov | Buxton Box Hill |
 | 35 Ranfurlie Road 5 3 2 House | 12:00 PM Sat 30th Nov | Harcourts |
 | 1/8 Jackson Street 3 2 2 House | 1:00 PM Sat 30th Nov | Jellis Craig |
 | 66 Stevens Road 3 1 3 House | 1:30 PM Sat 30th Nov | Ray White |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $526,200 | 0.0% | $120,000 | $1,130,000 | 120 |
| 2010 | $625,000 | +15.8% | $63,680 | $1,950,000 | 144 |
| 2011 | $550,000 | -13.6% | $321,500 | $1,225,181 | 119 |
| 2012 | $559,950 | +1.8% | $280,000 | $1,120,000 | 111 |
| 2013 | $639,500 | +12.4% | $366,000 | $1,905,000 | 201 |
| 2014 | $710,000 | +9.9% | $516,000 | $2,450,000 | 178 |
| 2015 | $891,000 | +20.3% | $580,000 | $1,520,000 | 140 |
| 2016 | $930,000 | +4.2% | $575,190 | $1,680,000 | 111 |
| 2017 | $1,071,500 | +13.2% | $360,000 | $1,800,000 | 130 |
| 2018 | $929,700 | -15.3% | $685,000 | $1,685,000 | 94 |
| 2019 | $896,000 | -3.8% | $353,000 | $1,880,000 | 105 |
| 2020 | $990,000 | +9.5% | $728,000 | $1,917,713 | 73 |
| 2021 | $1,207,500 | +18.0% | $765,000 | $2,337,000 | 144 |
| 2022 | $1,150,000 | -5.0% | $500,000 | $2,580,000 | 126 |
| 2023 | $1,270,800 | +9.5% | $663,000 | $2,460,000 | 123 |
| 2024 | $1,150,500 | -10.5% | $845,000 | $2,530,000 | 115 |
Median Sale Price
$1.19M
Based on 132 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-2.6%
Current Median Price: $1,190,000
Previous Median Price: $1,221,000
Based on 251 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $380 | 0.0% | $290 | $895 | 99 |
| 2012 | $375 | -1.3% | $270 | $850 | 103 |
| 2013 | $395 | +5.1% | $310 | $900 | 150 |
| 2014 | $395 | 0.0% | $300 | $820 | 122 |
| 2015 | $390 | -1.3% | $150 | $880 | 192 |
| 2016 | $400 | +2.5% | $190 | $1,010 | 135 |
| 2017 | $440 | +9.1% | $330 | $750 | 146 |
| 2018 | $449 | +2.0% | $200 | $1,100 | 136 |
| 2019 | $450 | +0.2% | $330 | $895 | 123 |
| 2020 | $450 | 0.0% | $300 | $820 | 113 |
| 2021 | $450 | 0.0% | $260 | $1,380 | 117 |
| 2022 | $495 | +9.1% | $350 | $1,000 | 157 |
| 2023 | $550 | +10.0% | $190 | $1,040 | 114 |
| 2024 | $595 | +7.6% | $175 | $1,000 | 94 |
Median Rent Price
$590
per week
Based on 109 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+6.8%
Current Median Rent: $590
Previous Median Rent: $550
Based on 230 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,190,000
Current Median rent: $590
Based on 241 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Forest Hill
Houses sold in Last 12 months ends 16 Nov 2024
$1.22M
Median Sale Price
76%
Clearance Rate
70/93
Sold/Reported
$2.53M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 4 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 4 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 16 | |
| $1 M - $1.2 M | 19 | |
| $800 K - $1 M | 6 | |
Similar Suburbs to Forest Hill 3131
Based on median house sale price sold in last 12 months
Schools closest to Forest Hill, VIC 3131
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Blackburn Lake Primary School | 12 - 14 FLORENCE STREETBlackburn 3130 | Primary | Government | 1.12 km |
| Burwood Heights Primary School | CNR HAWTHORN & MAHONEYS RDSBurwood East 3151 | Primary | Government | 1.15 km |
| Forest Hill College | 178-180 MAHONEYS ROADBurwood East 3151 | Secondary | Government | 1.23 km |
| Parkmore Primary School | JOLIMONT ROADForest Hill 3131 | Primary | Government | 1.25 km |
| Nunawading Christian College - Secondary | 161 CENTRAL RDNunawading 3131 | Secondary | Independent | 1.57 km |
| St Thomas the Apostle School | 67 CENTRAL RDBlackburn 3130 | Primary | Catholic | 1.61 km |
| Nunawading Christian College - Primary | LAUGHLIN AVENunawading 3131 | Primary | Independent | 1.66 km |
| Orchard Grove Primary School | 101 ORCHARD GROVEBlackburn South 3130 | Primary | Government | 1.55 km |
| Mount Pleasant Road Nunawading Primary SchoolTop 20 | MT PLEASANT ROADNunawading 3131 | Primary | Government | 1.64 km |
| St Luke the Evangelist School | 46 ORCHARD GVEBlackburn South 3130 | Primary | Catholic | 1.64 km |