Is FOREST HILL a good suburb for positive geared property investment in Australia?

FOREST HILL in VIC currently features property rental yields up to 3.2% with a 12-month capital growth value of Up 1.6%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in FOREST HILL 3131?

The median house price in FOREST HILL 3131 is approximately $1,221,000 based on the latest tracked market indices.

Investment Spotlight • Australia

FOREST HILL 3131

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

FOREST HILL (VIC 3131) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.2% and has experienced a 12-month capital growth of Up 1.6%, with a median house buy price of $1,221,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$860,400

Down -17.8% 3.4% Yield

3 house • buy

$1,173,000

Up 2.9% 3.2% Yield

4 house • buy

$1,352,500

Up 5.6% 3.2% Yield

all house • buy

$1,221,000

Up 1.6% 3.2% Yield

Suburb Market Profile

Last month Forest Hill had 20 properties available for rent and 53 properties for sale. Median property prices over the last year range from $1,221,000 for houses to $765,000 for units. If you are looking for an investment property, consider houses in Forest Hill rent out for $650 PW with an annual rental yield of 3.2% and units rent for $600 PW with a rental yield of 4.2%. Forest Hill has seen an annual compound growth rate of 1.6% for houses and -0.7% for units.

Loading local listings...