Free Property Appraisal in Forest Hill 3131, VIC – Property Valuation

Get an accurate, personalised property appraisal from local experts who understand the Forest Hill market.

Forest Hill Overview

Forest Hill, Victoria: A Homeowner's Overview 🏑

Forest Hill is a thriving residential suburb located 17 km east of Melbourne's CBD, within the City of Whitehorse. With excellent educational facilities, major shopping centers, and strong transport links, Forest Hill offers an ideal blend of suburban convenience and community atmosphere for families and homeowners.

Geography & Location πŸ—ΊοΈ

Forest Hill is strategically positioned in Melbourne's eastern suburbs, bounded by Springvale Road to the west, Canterbury Road to the north, Burwood Highway to the south, and Vermont South to the east. The suburb enjoys easy access to major arterials and is well-connected to neighboring areas including Burwood East, Vermont South, and Nunawading.

Shopping & Commercial Hub πŸ›οΈ

Forest Hill is renowned for the Forest Hill Shopping Centre, one of Melbourne's major regional shopping destinations. This significant retail hub serves the broader eastern suburbs community and provides extensive shopping, dining, and entertainment options. The area also features smaller neighborhood shopping strips along Canterbury Road and Springvale Road.

Education Excellence πŸŽ“

The suburb is highly regarded for its educational facilities, including several well-regarded primary schools and easy access to quality secondary education. Forest Hill's proximity to universities and TAFE institutes makes it attractive for families prioritizing education, with excellent public transport connections to major tertiary institutions.

Transport & Accessibility πŸšŒπŸš—

Forest Hill benefits from excellent transport infrastructure, with multiple bus routes connecting to railway stations and the broader Melbourne network. The suburb's position along major roads provides convenient access to the Eastern Freeway and other arterials, making commuting to the CBD and other areas straightforward.

Community & Lifestyle 🌳

The suburb features numerous parks and recreational facilities, supporting an active community lifestyle. Local sporting clubs, community centers, and green spaces provide opportunities for recreation and social connection. The area maintains a strong sense of community while offering modern suburban amenities.

Housing & Development 🏘️

Forest Hill offers diverse housing options, from established family homes to modern developments. The suburb has experienced steady growth and development while maintaining its character, making it an attractive option for both first-time buyers and established families looking for quality suburban living.

Forest Hill at a Glance

Data updated June 2025

Median price

$1,187,500

Avg days on market

30

Auction clearance

75%

Buyer demand

Moderate

Annual growth

-1.9%

Properties sold

160

Homes in Forest Hill are showing steady interest with a median price of $1,187,500 and -1.9% annual growth. Properties typically sell within 30 days, with 3424 interested buyers recorded in the last period.

Forest Hill 3131 Location

Explore the Forest Hill area and discover what makes this VIC suburb an attractive place to live and invest.

Interactive map showing Forest Hill and surrounding areas

Why Get a Property Appraisal in Forest Hill?

Whether you're considering selling, refinancing, or simply want to understand your property's current market value, a professional appraisal provides crucial insights for Forest Hill homeowners.

Market Timing

Know if it's the right time to sell in Forest Hill

Refinancing Power

Leverage your home's equity for better loan terms

Investment Planning

Make informed decisions about renovations and upgrades

Insurance Coverage

Ensure adequate coverage for your property's true value

Forest Hill Property Market Snapshot

Data updated June 2025

$1,187,500
Median House Price
-1.9%
12-Month Growth
30 days
Days on Market
2.9%
Rental Yield

Forest Hill Market Analysis

Data updated June 2025

Forest Hill Real Estate Market Summary

Property Prices

  • Houses: Median $1,187,500 (-1.9% growth)
  • 2-Bedroom Houses: $1,010,000 (+14.8% growth)
  • 3-Bedroom Houses: $1,112,500 (+1.1% growth)
  • 4-Bedroom Houses: $1,273,000 (-7.1% growth)
  • Units: Median $674,900 (-18.7% growth)

Rental Market

  • Houses: Median $625/week (+7.8% growth)
  • 2-Bedroom Houses: $565/week (+8.1% growth)
  • 3-Bedroom Houses: $600/week (+5.7% growth)
  • 4-Bedroom Houses: $740/week (+13.8% growth)

Market Insights

  • Houses Available: 35 properties in past month
  • Houses Sold: 160 in past 12 months
  • Median Time on Market: 30 days for houses
  • Buyer Interest: 3424 buyers interested in houses
  • Rental Yields: Houses 2.9%

How Our Free Property Appraisal Works

1

Submit Your Address

Enter your Forest Hill property address to get started with our quick and easy form.

2

Answer 5 Quick Questions

Tell us about your property's features, condition, and any recent improvements or renovations.

3

Receive a Personalised Report

Get a detailed appraisal report from a local Forest Hill expert within 24 hours.

Why Forest Hill Homeowners Trust Us

Local Area Expertise

Our agents live and work in Forest Hill, understanding every street and market nuance.

Fast & Personalised

Data-driven insights combined with personal property knowledge for accurate valuations.

What Makes Forest Hill a Great Place to Sell?

Forest Hill offers an exceptional combination of lifestyle, convenience, and investment potential that makes it highly attractive to buyers and investors alike.

Quality Schools

Top-rated primary and secondary schools nearby

Transport Links

Excellent public transport and highway access

Shopping & Dining

Vibrant local shops, cafes, and restaurants

Parks & Recreation

Beautiful parks and recreational facilities

Frequently Asked Questions