23 Paperbark Drive, Forest Hill NSW 2651
Forest Hill House
Technical details
How this sale compares
Sold for $615,000 in Jan 2025, up $135,000 (28%) on the $480,000 paid in Aug 2021. That is about 7.6% a year over 3.4 years.
Over the same period the median house price in Forest Hill rose 59%, from $361,000 in 2021 to $575,000 in 2025.
The 2025 sale was 7% above the Forest Hill median house price for that year ($575,000 across 77 sales).
Since then the median house price in Forest Hill has risen 5%, from $575,000 in 2025 to $603,500 over the last 12 months (58 sales).
Forest Hill medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Forest Hill sold prices by year.
Rent and yield
Houses in postcode 2651 rented for a median $530 a week, from 83 bonds lodged Oct 2025 to Sep 2026.
On its last sale of $615,000 on 23 Jan 2025, that rent is a gross yield of 4.5% a year, before costs and vacancies.
Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Forest Hill.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 23 Jan 2025 | 3 Mar 2025 | $615,000 | - | - | - | 71/1207262 |
| 31 Aug 2021 | 18 Oct 2021 | $480,000 | - | - | - | 71/1207262 |
| 8 Jul 2015 | 29 Jul 2015 | $110,000 | - | - | - | 71/1207262 |
$615,000 Sold 23 Jan 2025
Settled3 Mar 2025
Beds-
Baths-
Cars-
Title reference: 71/1207262
$480,000 Sold 31 Aug 2021
Settled18 Oct 2021
Beds-
Baths-
Cars-
Title reference: 71/1207262
$110,000 Sold 8 Jul 2015
Settled29 Jul 2015
Beds-
Baths-
Cars-
Title reference: 71/1207262
Recent sales on Paperbark Drive
Sold in the last two years.
- 68 Paperbark Dr, Forest Hill 2651 $775,000 sold 22 May 2026, 747 m²
- 5 Paperbark Dr, Forest Hill 2651 $730,110 sold 11 Mar 2026, 857 m²
- 22 Paperbark Drive, Forest Hill 2651 $640,000 sold 9 Jul 2025, 740 m²
- 3 Paperbark Drive, Forest Hill 2651 $557,000 sold 15 May 2025, 771 m²
- 66 Paperbark Drive, Forest Hill 2651 $650,000 sold 25 Mar 2025, 653 m²
- 4 Paperbark Drive, Forest Hill 2651 $659,000 sold 17 Mar 2025, 720 m²
- 27 Paperbark Drive, Forest Hill 2651 $650,000 sold 4 Mar 2025, 743 m²
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 11 Quandong Pl, Forest Hill 2651 $732,500 sold 30 Jul 2026, 740 m²
- 36 Melaleuca Dr, Forest Hill 2651 $785,000 sold 23 Jun 2026, 742 m²
- 22 Lacebark Dr, Forest Hill 2651 $860,000 sold 2 Apr 2026, 707 m²
- 5 Hazelwood Dr, Forest Hill 2651 $869,000 sold 23 Mar 2026, 662 m²
- 34 Flintwood St, Forest Hill 2651 $278,000 sold 20 Mar 2026, 808 m²
- 23 Quandong Pl, Forest Hill 2651 $600,000 sold 2 Mar 2026, 349 m²
- 31 Tantoon Cct, Forest Hill 2651 $740,000 sold 19 Feb 2026, 749 m²
- 30 Flintwood St, Forest Hill 2651 $925,000 sold 9 Feb 2026, 700 m²