Real Estate Appraisal Forest Hill VIC 3131
How much is my home worth in Forest Hill?
The median price for a house in Forest Hill is $1,200,000 as of July 2024. The median price for a unit is $824,000.
The 12-month capital growth is 9.1% on houses, and for units, it is 10%.
There have been 132 houses sold and 51 units sold in the last year.
It takes on average 37 days to sell a house and 46 days to sell a unit in Forest Hill.
House prices and rent returns in Forest Hill.
- 2 bedroom home $960,000, Rent per week $522
- 3 bedroom home $1,100,000 Rent per week $560
- 4 bedroom home $1,390,500, Rent per week $650
Unit prices and rent returns in Forest Hill.
- 2 bedroom unit $582,000, Rent per week $480
- 3 bedroom unit $914,000, Rent per week $620
In Forest Hill, the gross rental yield is 2.8% on houses, and 3.6% on units.
Free Real Estate Appraisal Forest Hill
Selling your house in Forest Hill? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Forest Hill
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Forest Hill
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Forest Hill home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Forest Hill?
- Recent property sales history in the Forest Hill district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property