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Forest Hill vs Tyaak

Property investment comparison - Forest Hill, VIC 3131 vs Tyaak, VIC 3658

Head-to-head across core investment metrics: Forest Hill wins 3, Tyaak wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricForest HillTyaak
Median house price$1.2M$1.2M
Median unit price$765K$485K
Gross rental yield (houses)2.75%2.33%
Gross rental yield (units)4.22%5.52%
1-year house growth+1.6%-0.4%
3-year house growth-1.7%-
Vacancy rate1.0%1.1%
Population10,78085

Forest Hill vs Tyaak: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.2M in Forest Hill and $1.2M in Tyaak.

For units, Forest Hill sits at a median of $765K against $485K in Tyaak, which makes Tyaak the more affordable unit market and Forest Hill the pricier one.

On cash flow, Forest Hill leads: houses there return a gross rental yield of 2.75%, compared with 2.33% in Tyaak, a gap of 0.42 percentage points.

Over the past year house prices moved +1.6% in Forest Hill and -0.4% in Tyaak, so recent momentum favours Forest Hill, while Tyaak went backwards.

Rental vacancy is the same in both, at 1.0%.

Forest Hill is the bigger suburb, with a population of 10,780 against 85, roughly 127 times the size of Tyaak; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Forest Hill for rental income, Forest Hill for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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