OFF MARKET

1/278 Springvale Road
Forest Hill VIC 3131

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 45m2
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Last updated 11 Nov 2024
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Property Details for 1/278 Springvale Rd, Forest Hill

1/278 Springvale Rd, Forest Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 45m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
45m2
Local Government
Whitehorse
Lot/Plan
1/RP17502

Last Listing description (September 2024)

This freshly painted one bedroom unit is close to shops and public transport, has a good sized fenced rear yard and allocated parking space.
With the convenience of electric cooking and brand new split system you will feel comfortable living in this lovely low maintenance home while having all of the amenities that Forest Hill has to offer at your fingertips.

Property History for 1/278 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$1,905,000
20 Apr 2013
Listed for Rent
$350/w
10 Sep 2024
  • 10 Sep 2024
    Listed for Rent $350 / week
  • 29 Jul 2022
    Listed for Rent $325 / week
  • 24 Jan 2017
    Listed for Rent $255 / week
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About Forest Hill 3131

The size of Forest Hill is approximately 4.1 square kilometres. It has 12 parks covering nearly 8.5% of total area. The population of Forest Hill in 2011 was 10,051 people. By 2016 the population was 10,628 showing a population growth of 5.7% in the area during that time. The predominant age group in Forest Hill is 40-49 years. Households in Forest Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Hill work in a professional occupation. In 2011, 72.5% of the homes in Forest Hill were owner-occupied compared with 70.1% in 2016.

Forest Hill has 5,433 properties. Over the last 5 years, Houses in Forest Hill have seen a 16.94% increase in median value, while Units have seen a 13.10% increase. As at 31 October 2024:

  • The median value for Houses in Forest Hill is $1,135,699 while the median value for Units is $746,766.
  • Houses have a median rent of $595 while Units have a median rent of $573.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Forest hill.

Suburb Insights for Forest Hill 3131

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.