City of Whitehorse
Forest Hill

Forest Hill Property Market
& Suburb Profile

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MEDIAN PRICES IN FOREST HILL

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+2.94%

Median unit price

(all agencies, last 12 months)$800k*

Unit price change

(all agencies, last 12 months)+17.68%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

FOREST HILL PRICE TRACKER

HousesUnits

FOREST HILL SALES OVERVIEW

  • Sold by Auction 42%
  • Sold by Private Sale or Other Method 58%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)27

Auction clearance rate in Forest Hill

(all agencies, last 12 months)55%

Average held period in Forest Hill

(proptrack)13 years

FOREST HILL INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$701pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$618pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.19%

Average rental yield for Units

(all agencies, last 12 months)3.94%

Forest Hill total population size

(as at the last census)10,780

Median household size in Forest Hill

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

FOREST HILL PROPERTY TYPES

  • Houses 46%
  • Units 21%
  • Other 33%

OCCUPANCY IN FOREST HILL

  • Owned 71%
  • Rented 26%
  • Other/Not Stated 3%
  • Singles 28%
  • Families 70%
  • Other 3%

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ABOUT FOREST HILL

Forest Hill offers an exceptional lifestyle balance for families and professionals, blending tranquil, tree-lined residential streets with outstanding urban convenience just 18 kilometres east of Melbourne's Central Business District.

As a highly sought-after pocket within the City of Whitehorse, the area provides a quieter, family-focused alternative to its busier commercial neighbours while maintaining superb connectivity via nearby Nunawading Station, the Burwood Highway tram line, and EastLink.

The local property market caters to a diverse range of buyers, showcasing a distinct architectural evolution where classic mid-century weatherboard homes and sturdy brick veneers sit comfortably alongside premium new developments. Generous land allotments continue to attract those seeking spacious backyards, while an increasing selection of contemporary multi-level townhouses and modern units offers stylish, low-maintenance living options for downsizers and young professionals alike.

Daily life revolves around the major retail hub of Forest Hill Chase Shopping Centre, which supplies the community with comprehensive shopping, dining, major supermarkets, and entertainment spaces like cinemas and bowling alleys.

Families are heavily drawn to the suburb's premium educational landscape, featuring quality local choices such as Parkmore Primary School alongside easy access to well-regarded institutions like Forest Hill College and Emmaus College.

Outdoor recreation is another pillar of this vibrant community, with abundant green spaces like Forest Hill Reserve and Mahoneys Reserve offering expansive sporting ovals, playgrounds, and walking trails. Fitness and leisure needs are further met by the nearby state-of-the-art Aqualink Nunawading facility, which hosts one of the largest swimming clubs in the Southern Hemisphere.

Adding a unique layer of local heritage, the suburb also famously houses the production studios where the iconic Australian television series Neighbours was filmed for decades.

This blend of community spirit, premium amenities, and versatile housing options ensures Forest Hill remains a standout choice for long-term capital growth and an enviable lifestyle.

Education

Parkmore Primary School
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FOREST HILL MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2026189$1,012,5002.94%199$660pw3.56%
2025217$995,0004.49%198$646pw3.29%
2024189$974,250-4.92%211$610pw3.25%
2023194$1,056,2508.04%207$571pw2.98%
2022182$975,000-4.64%255$498pw2.79%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2026189$1,012,500+2.94%
2025217$995,000+4.49%
2024189$974,250-4.92%
2023194$1,056,250+8.04%
2022182$975,000-4.64%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2026199$660pw3.56%
2025198$646pw3.29%
2024211$610pw3.25%
2023207$571pw2.98%
2022255$498pw2.79%

PROUDLY SERVICING Forest Hill

Barry Plant
Whitehorse

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NEWS & INSIGHTS

77 Sales in 14 Days - Barry Plant Eastern Group Continues to Lead the Market Across Melbourne’s East

77 Sales in 14 Days - Barry Plant Eastern Group Continues to Lead the Market Across Melbourne’s East

77 Sales in 14 Days - Barry Plant Eastern Group Continues to Lead the Market Across Melbourne’s East

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 May 2025 to 31 May 2026, last updated 31 May 2026.