5 Paperbark Dr, Forest Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 857m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
A brilliant investment opportunity awaits.
With everything you need, the Botanica features a magnificent master bedroom and his and hers walk-in-robes. The Botanica also has a large open plan living area that includes a contemporary kitchen design with butler's pantry, family and outdoor room. This stunning Metricon display home is open for inspection, contact our consultant today.
8% Leaseback P.A.*
*8% return based on advertised price calculated as an annual yield rate and paid during the term of the lease. All statutory outgoings and utilities (excluding land tax) are paid for by Metricon during the term of the lease, including council rates, insurance, gas and electricity. Minimum lease terms apply. Rent is paid monthly in advance on the 20th of each month. Tenancy agreement terms are available for inspection, actual display home appearance may vary, for full details please speak to a Metricon New Home Advisor. Newfield Real Estate Pty Ltd ACN 193 312 722, licence number 028051L.
The size of Forest Hill is approximately 42.6 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Forest Hill in 2011 was 2,216 people. By 2016 the population was 2,255 showing a population growth of 1.8% in the area during that time. The predominant age group in Forest Hill is 20-29 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest Hill work in a trades occupation. In 2011, 58.9% of the homes in Forest Hill were owner-occupied compared with 60% in 2016.
Forest Hill has 1,270 properties. Over the last 5 years, Houses in Forest Hill have seen a 90.45% increase in median value, while Units have seen a 48.97% increase. As at 31 October 2024:
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