Question 1

Is Forest Hill a nice place to live?

Accepted Answer

Forest Hill is a small rural township in the Lockyer Valley set among productive cropping country and open paddocks. The town has a compact centre supporting surrounding farms, and housing ranges from older cottages on tree-lined streets to larger acreage blocks and modern country homes. The community of 935 has a median age of 41 and median household income of $1,318 a week. Families make up a large share of households, with nearly half being couple families without children and about 30% couple families with children, and owner-occupiers outnumber renters by roughly two and a half to one.

Community life revolves around local clubs, events and the rhythms of agriculture, and the landscape is defined by rolling hills and patchwork fields. A public project at the GrainCorp silos, the Forest Hill Silos Precinct and Mural Art Project, is under way and will add a viewing platform, parking for cars and RVs, new footpaths, seating, landscaping and shaded facilities. Whether Forest Hill suits you depends on whether you want a quieter, agriculture-focused rural place with convenient access to larger regional centres such as Gatton and Laidley.

Question 2

Is it expensive to live in Forest Hill?

Accepted Answer

At $540 a week, a house in Forest Hill would take about 41% of a typical local household's weekly income at the last Census. By the usual income bands that sits as a large share of income, so renting a house here would use a sizeable portion of what a typical local household earned at the last Census.

For someone renting, that rent share is the key figure to consider; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Forest Hill a good place to invest?

Accepted Answer

Over the past year house values in Forest Hill climbed 30.4%, a strong rise. House rents also increased strongly, up 22.7% over the same period. The figures show that capital growth on houses outpaced the rise in rental income during the year.

For someone weighing Forest Hill as an investment, the value change speaks to capital growth while the rent change speaks to rental income; whether that balance fits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	30.4%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	15	N/A
Average rent Past 12 months	$540	N/A
Change in rent Past 12 months	22.7%	N/A

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