Forest Hill

POSTAL CODE: NSW, 2651

HOUSE

Property investors enjoyed capital gains of 8.38% over the last 12 months in FOREST HILL, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 8.32% growth over a ten-year period. It ranks 1086th on our list of suburbs that property investors should look into.

FOREST HILL, 2651 has a capital gain of 8.38% for the past year, which is lower than average compared to its 72.46% growth within a five-year period.

With the median home price in FOREST HILL sitting at $595,000, and the average rent at $530, property owners could potentially earn a 4.63% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FOREST HILL are low, as opposed to average gains per annum over the past five years.

FOREST HILL, 2651 in NSW belongs to the local government area of Wagga Wagga.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$595,000	N/A
Growth Report
Median Quarterly	2.23%	N/A
Median 12 month	8.38%	N/A
Median 3 years	19%	N/A
Median 5 years	72.46%	N/A
10 years average annual	8.32%	N/A
Weekly media advert. rent	$530	N/A
Time on Market	70.5 days	N/A
Gross Rental Yield Percent	4.63%	N/A

Demographics (Median Values)*

Total Population 2274

Weekly Household Income 1420

Household Size 2.70

Average Age 28

Monthly Loan Repayment 1330

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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