Forest Hill, VIC 3131
City of ManninghamAll suburbs in postcode 3131
Updated
Median house price
$1,180,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Forest Hill?
Get the free selling guide, personalised to Forest Hill, or ask for a free appraisal from a local agent.
Forest Hill at a glance
- Median unit
- $760,000
- Weekly rent
- $630
- Houses · units $578
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025
House prices in Forest Hill
Houses change hands at $1,180,000 on a typical sale, above the Victoria median. Units come in around $760,000, roughly 36% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $236,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Forest Hill
What’s your home worth in Forest Hill?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about Forest Hill
Forest Hill (3131) sits in the Manningham region of Victoria. The median house here is $1,180,000, above the Victoria median of around $850K.
Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Forest Hill scores 48/100 on walkability, which makes it car-friendly with workable public transport options. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 27°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 786 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 4 Catholic, 2 independent.
Schools in Forest Hill
Schools serving Forest Hill: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 48/100
- Transit
- 60/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Gross rental yield on houses sits at 2.78% (median rent $630/wk against a $1,180,000 price tag). Units yield 3.95% gross, often the better cash-flow play for first-time investors.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.78%
- On the $1,180,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 3.95%
- On the $760,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
686 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 786 mm
- Hottest month, avg max
- 26.5°C
- Coldest month, avg min
- 6.1°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Forest Hill
- What is the median house price in Forest Hill?
- The median house price in Forest Hill, VIC 3131 is $1,180,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $760,000.
- How much is my house worth in Forest Hill?
- A useful starting point is the Forest Hill median house price of $1,180,000 (units $760,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Forest Hill a good investment?
- On the published figures, the gross rental yield on houses in Forest Hill is 2.8%: the median weekly house rent is $630 (Victorian rental report, September 2025) against the median house price of $1,180,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Forest Hill: the Land Victoria figures we hold do not measure one. Whether Forest Hill is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Forest Hill postcode?
- Forest Hill is in the 3131 postcode, in VIC, in the City of Manningham region.
- Where is Forest Hill?
- Forest Hill is a suburb in the City of Manningham area, VIC 3131.
- What is the average rent in Forest Hill?
- The median weekly rent for houses is $630, for units it's $578.
- What schools are in Forest Hill?
- There are 20 schools serving Forest Hill on this page, including Blackburn Lake Primary School, Mount Pleasant Road Nunawading Primary School, Parkmore Primary School.
- How walkable is Forest Hill?
- Forest Hill has a Walk Score of 48 out of 100, car-dependent for most errands. transit score 60, bike score 100.
- What suburbs are near Forest Hill?
- Forest Hill is close to Nunawading, Vermont, Blackburn, Blackburn South, Vermont South.
Selling in Forest Hill? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Forest Hill. A free PDF, in about a minute.
More on Forest Hill and nearby
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.