AREA REPORTS

Forest Hill

Suburb Profile

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

house

Property investors enjoyed capital gains of 29.09% 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 6.25% growth over a ten-year period. It ranks 1231st on our list of suburbs that property investors should look into.

FOREST HILL, 2651 has a capital gain of 29.09% for the past year, which is higher than average compared to its 47.3% growth within a five-year period.

With the median home price in FOREST HILL sitting at $355,000, and the average rent at $310, property owners could potentially earn a 4.54% increase in gross rental yield.

A 29.09% increase in median property prices in FOREST HILL, 2651 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 33rd.

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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $355,000 N/A
GROWTH REPORT
Median Quarterly 10.94% N/A
Median 12 month 29.09% N/A
Median 3 years 32.71% N/A
Median 5 years 47.3% N/A
10 years average annual 6.25% N/A
Weekly media advert. rent $310 N/A
Time on Market 101.3 days N/A
Gross Rental Yield Percent 4.54% N/A
demographics (median values)
Total Population
1937
Weekly Household Income
988.9
Household Size
2.80
demographics
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