Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Forest Hill, QLD 4343
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$900,000
Median Unit
$565,000
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Forest Hill
Forest Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Forest Hill verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Forest Hill - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Forest Hill market and investor summary
In Forest Hill, QLD 4343, the median house sells for around $900K, on a gross rental yield of 3.3% for houses. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.
Living in Forest Hill: people, income and schools
Forest Hill has a resident population of roughly 935, and the area has been growing steadily, up about 11% over five years. At a median age of 41, it reads as skewed a little older, and 71% of homes are owner-occupied.
The typical household income runs to around $69,000 a year (about $1,320 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 13.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Forest Hill sits about 67 km from the CBD. It is fairly car-dependent; the suburb scores 5 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 935
- +11% over 5yr
- Median age
- 41 years
- Median household income
- $69,000/yr
- Households renting
- 28%
- Family households
- 63%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 982
- Unemployment
- 9.1%
- Distance to CBD
- 67 km
- Walk score
- 5/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Forest Hill
No properties currently listed in Forest Hill
Search Forest Hill listings →Frequently asked questions about Forest Hill
What should I check before investing in Forest Hill?
Forest Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.1% gives a usable rent-to-price starting point. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Forest Hill?
The median property price in Forest Hill, QLD 4343 is $900K for houses and $565K for units.
What rental yield does Forest Hill show?
The gross rental yield in Forest Hill is 3.3% for houses and 4.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Forest Hill?
The current vacancy rate in Forest Hill is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Forest Hill?
Forest Hill has a population of approximately 935 residents, with a median age of 41.
What schools are near Forest Hill?
There are 1 school within roughly 5km of Forest Hill. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Forest Hill affordable to buy in?
A median house in Forest Hill costs about 13.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Forest Hill's population growing?
The population of Forest Hill has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Forest Hill from the CBD?
Forest Hill is about 67 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API