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Unit 34,
305 CANTERBURY ROAD Forest Hill VIC 3131

This property is Off Market

All about Forest Hill Homes for sale in Forest Hill


  • The Average property price in this area is $1,384,851, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 17.93 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Forest Hill

With an average age of 40, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $396. The average family earns a weekly income of $2,509 with a typical household size of 2.8 and a 93.84% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Forest Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Forest Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Forest Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Forest Hill we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Forest Hill a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1034 asthma sufferers and 475 people living with diabetes. In addition, 553 people have a heart/vascular condition and 885 people live with three or more chronic diseases.

A good place to invest in property?

Forest Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

52 / 100

52 / 100

Industry

20 / 100

17 / 100

Population

31 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

33 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Mount Pleasant Road Nunawading Primary School Forest Hill College
  • Emmaus College

    Vermont South, VIC, 3133 Independent 7-12

  • Blackburn Lake Primary School

    Blackburn, VIC, 3130 State Prep-6


Property Story

Unit 34, 305 Canterbury Road, Forest Hill, Vic, 3131 is a residential property . The estimated distance to the sea is 17.93km and 0.35KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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