Forest Hill Suburb Profile
Victoria 3131

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Forest Hill has 5,442 properties. Over the last 5 years, Houses in Forest Hill have seen a 16.08% increase in median value, while Units have seen a 6.44% increase. As at 30 November 2024:

  • The median value for Houses in Forest Hill is $1,153,846 while the median value for Units is $715,915.
  • Houses have a median rent of $595 while Units have a median rent of $580.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 195 properties were sold in the past 12 months in Forest hill.

The size of Forest Hill is approximately 4.1 square kilometres. It has 12 parks covering nearly 8.5% of total area. The population of Forest Hill in 2011 was 10,051 people. By 2016 the population was 10,628 showing a population growth of 5.7% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation. In 2011, 72.5% of the homes in Forest Hill were owner-occupied compared with 70.1% in 2016.

Suburb Insights for FOREST HILL 3131

Market Insights
Forest Hill Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Forest Hill Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 10,628

0-9

 

12%

10-19

 

11%

20-29

 

12%

30-39

 

14%

40-49

 

14%

50-59

 

12%

60-69

 

10%

70-79

 

9%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 18/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.