Forest Hill
VIC, 3131
-
Whitehorse
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.
Household Makeup
| Median Weekly Rent | $399.07 |
| Median Monthly Mortgage | $2212.73 |
| Median Persons Per Bedroom | 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 |
Housing Stock
Average Property Prices
| 1 Bed $1,101,000 |
| 2 Bed $986,000 |
| 3 Bed $1,445,000 |
| 4 Bed $1,793,000 |
| 5 Bed $2,080,000 |
| 6 Bed+$2,195,000 |
Forest Hill Real Estate Market Outlook
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.
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.9 | 13.0 | 27.9 | 35.7 | 88.4 | 3.3 | 25.8 |
| Feb | 0.9 | 13.4 | 27.0 | 39.8 | 89.3 | 3.1 | 21.6 |
| Mar | 1.0 | 12.8 | 25.2 | 42.7 | 90.0 | 2.9 | 17.0 |
| Apr | 1.8 | 11.1 | 22 | 49 | 91.5 | 2.6 | 12.7 |
| May | 2.7 | 8.8 | 18.2 | 55.6 | 91.7 | 2.5 | 9.8 |
| Jun | 3.0 | 7.8 | 16.0 | 59.8 | 90.7 | 2.8 | 8.6 |
| Jul | 4.3 | 6.7 | 14.6 | 63.6 | 92.6 | 2.8 | 8.8 |
| Aug | 3.6 | 6.7 | 15.6 | 59.0 | 92.4 | 2.8 | 11.5 |
| Sept | 3.3 | 7.2 | 16.9 | 54.4 | 92.2 | 3.1 | 15.6 |
| Oct | 1.7 | 8.6 | 20.3 | 47.8 | 91.8 | 3.1 | 20.6 |
| Nov | 1.5 | 9.4 | 23.5 | 40.0 | 91.0 | 3.0 | 24.9 |
| Dec | 0.7 | 11.0 | 25.9 | 37.2 | 90.1 | 3.3 | 27.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Mount Barker - Greater then 10KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!