Forest Hill — Houses

BUY
NSW 2651 House Rank #2 of 19 in Wagga Wagga ↑4
$618K
Median House Price · recent comparable sales
Yield-Supported Growth #2 of 19

Strong rental yield combined with tight vacancy creates durable income support and downside protection.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Yield-Supported Growth
DEMAND
59 buyers/listing
Strong
LIQUIDITY
30d DOM
Strong
AFFORDABILITY
19.6% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
4.9%
Strong
SUPPLY PRESSURE
0.9% vacancy
Strong
#2/19 Good Structure 60 $618K

Atlaso rates Forest Hill houses as BUY for capital growth. Vacancy is extremely tight at 0.91%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $618K, Forest Hill ranks #2 of 19 houses in Wagga Wagga. The long-term structural outlook is Good. Buyer demand is strong with 59 buyers per listing.

OPPORTUNITY ENGINE

Premium markets are structurally compressed at this price level.

2 alternatives identified.

Forest Hill Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+11.3%
Asking Prices (3mo)
+3.3%
Rents (12mo)
1.5%
Vacancy
41%
Fresh Stock (<30d)

House Asking Prices (12 months)

$778K

House Weekly Rents (12 months)

$606/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2651.

Suburb Profile

Forest Hill at a Glance

SEIFA Index
4/10
Average
Household Income
$1,788/wk
Median household
Median Age
25
Years
Mortgage Stress
17%
of income
Population Growth
+6.2%
vs state +1.4%
Ownership Mix
18.7% owned 46.8% mortgage 31.3% renting

Demographic Trends

Forest Hill Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Forest Hill Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Forest Hill a good suburb to invest in?
Atlaso rates Forest Hill as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Forest Hill and 46 Australian cities to generate this rating.
What is the median house price in Forest Hill?
The current median house price in Forest Hill, nsw is $618K, with annual growth of +20.0%. Properties sell in approximately 30 days.
How fast do properties sell in Forest Hill?
Properties in Forest Hill sell in 30 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Forest Hill?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Forest Hill's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Forest Hill?
The gross rental yield for houses in Forest Hill is 4.9%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).