Forest Hill
The median rent for a 2-bedroom unit in Forest Hill is $578 a week for leases that started in the year to September 2025, up 5.3% on a year earlier. That is 5% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,298,000 for a house and $915,000 for a unit. A year of rent for that home is about 3.9% of its median sale price (gross rental yield). The rent data covers Vermont-Forest Hill-Burwood East as one area, so these rent figures are shared by Burwood East, Forest Hill, Vermont.
Median rent in Forest Hill
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $530 | +10.4% | 40 |
| 2-bedroom unit | $578 | +5.3% | 166 |
| 3-bedroom unit | $650 | 0.0% | 73 |
| 2-bedroom house | $540 | +5.9% | 25 |
| 3-bedroom house | $630 | +5.4% | 287 |
| 4-bedroom house | $750 | +4.2% | 192 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,298,000 | Mar 2026 quarter |
| Unit | $915,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Chadstone $580 a week
- Oakleigh $580 a week
- Alphington $575 a week
- Doncaster East $575 a week
- Donvale $575 a week
- Fairfield $575 a week