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Forest Hill
AREA REPORTS

Forest Hill

Forest Hill - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2651

house

Property investors enjoyed capital gains of 14.38% over the last 12 months in FOREST HILL, translating to lower 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 3.86% growth over a ten-year period. It ranks 2328th on our list of suburbs that property investors should look into.

FOREST HILL, 2651 has a capital gain of 14.38% for the past year, which is higher than average compared to its 25.93% growth within a five-year period.

With the median home price in FOREST HILL sitting at $340,000, and the average rent at $350, property owners could potentially earn a 5.35% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FOREST HILL are high, 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 (C).

Data report can be found below

Forest Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 N/A
GROWTH REPORT
Median Quarterly 13.71% N/A
Median 12 month 14.38% N/A
Median 3 years 1.8% N/A
Median 5 years 25.93% N/A
10 years average annual 3.86% N/A
Weekly media advert. rent $350 N/A
Time on Market 79.0 days N/A
Gross Rental Yield Percent 5.35% N/A
demographics (median values)*
Total Population
2274
Weekly Household Income
1420
Household Size
2.70
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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