7 Melaleuca Dr, Forest Hill is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 701m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
If you're looking for a low maintenance and solid long term investment option, this property ticks all the boxes. Currently leased to DHA with an existing tenancy in place until 2026, this is a set and forget addition to the portfolio.
Boasting three generous bedrooms, ensuite and walk-in robe to the master suite and remaining bedrooms all with built-in in robes. A well appointed, ambient kitchen is positioned in the heart of the home, with island bench, ample storage and gas cooking. With open plan living concepts the home offers a combined dining and second living space as well as a formal lounge room on entrance to the property.
Positioned in the fast growing suburb of Forest Hill, the residence is within close proximity to the local primary school, shopping village and RAAF base.
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 1,269 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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