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All About Forest Hill, Whitehorse, VIC, 3131

Forest Hill, a suburb located in the city of Whitehorse, Victoria, is known for its appealing residential landscape and vibrant community environment. The housing market in Forest Hill has experienced a dynamic range of changes over recent years, characterized by a blend of well-maintained older homes and modern developments. This suburb is particularly attractive to families and young professionals due to its accessibility to key amenities such as shopping centers, schools, and public transport options. The diverse housing options cater to various preferences and budgets, from spacious family homes with lush gardens to contemporary apartments that offer urban convenience. The price trends have reflected steady growth, aligning with the broader Melbourne metropolitan market trends, encouraging both investors and homebuyers to consider it a viable location for long-term residential investment.

Living in Forest Hill offers residents a harmonious blend of suburban tranquility and metropolitan accessibility. The suburb is home to the popular Forest Hill Chase Shopping Centre, providing a hub for retail and entertainment, ensuring that residents have immediate access to a wide range of shopping and dining options. Parks and recreational facilities are abundant, making it an attractive location for outdoor enthusiasts and families who value green spaces and community activities. Education is well-catered for with a selection of reputable schools that make it a family-friendly environment. The suburb's connectivity is enhanced by reliable public transportation services, offering efficient links to the Melbourne CBD and surrounding areas. Overall, Forest Hill presents a balanced lifestyle where the pace of suburban living meets the conveniences of urban amenities, making it a sought-after destination for those looking to settle in a welcoming community.

Household Makeup

Median Weekly Rent $399.07
Median Monthly Mortgage $2212.73
Median Persons Per bed houseroom 0.81
Average Household Size 2.67
Average Age 43.13
Average Income $750.53
Average Cars Per Dwelling 1.66
Average Properties Within 50M 28
Typical 1 bed house$1,101,000
Typical 2 bed house$986,000
Typical 3 bed house$1,445,000
Typical 4 bed house$1,793,000
Typical 5 bed house$2,080,000
Typical 6 bed+ house$2,195,000

Housing Stock

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Forest Hill Real Estate Market Outlook

Thinking about buying in Forest Hill? Now could not be a better time, with 5711 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,385,000 with prices in this suburb ranging from $299,000 to $7,001,000. The aproximate distance to the coast is 15 Km.

In Forest Hill there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Forest Hill due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Forest Hill leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Forest Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Local Schools

Parkmore Primary School

St Timothy's School

Forest Hill College

Burwood Heights Primary School

Blackburn Lake Primary School

Mount Pleasant Road Nunawading Primary School

Emmaus College

Nunawading Christian College - Secondary

Vermont South Special School

Nunawading Christian College - Primary

(While the above schools are located with the suburb of Forest Hill there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Forest Hill weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.913.027.935.788.43.325.8
Feb0.913.427.039.889.33.121.6
Mar1.012.825.242.790.02.917.0
Apr1.811.1224991.52.612.7
May2.78.818.255.691.72.59.8
Jun3.07.816.059.890.72.88.6
Jul4.36.714.663.692.62.88.8
Aug3.66.715.659.092.42.811.5
Sept3.37.216.954.492.23.115.6
Oct1.78.620.347.891.83.120.6
Nov1.59.423.540.091.03.024.9
Dec0.711.025.937.290.13.327.5

source: Australian Government Bureau of Meteorology



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Nearby Suburbs

Blackburn SouthVermont SouthBurwood EastVermontNunawadingBlackburnMitchamBlackburn NorthBox Hill SouthBox Hill

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