OFF MARKET

1 Magnolia Drive
Forest Hill VIC 3131

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 214m2
Land area: 402m2
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Property Details for 1 Magnolia Dr, Forest Hill

1 Magnolia Dr, Forest Hill is a 4 bedroom, 2 bathroom Townhouse and was built in 2013. The property has a land size of 402m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in October 2012.

Building Type
Townhouse
Year Built
2013
Floor Size
214m2
Land Size
402m2
Local Government
Whitehorse
Lot/Plan
7/PS603661

Last Listing description (August 2024)

A superb individual home, this beautifully architecturally designed home on an elevated corner block is perfectly located within walking distance to Burwood Height Primary, Forest Hill College and Emmaus College, 1.4km to Forest Hill Chase shopping centre.

Architecturally designed four bedroom including high ceilings, timber floors and striking feature wall are featured through the entrance hall, gracious and classic style sitting room. floors are underfoot in the light-filled open plan living/dining room and gourmet kitchen appointed with Blanco European stainless steel appliances and stone benches.

Other features also include impressive hallway/entrance with soaring floor to ceiling void, powder room & laundry to ground floor, reverse cycle heating / cooling throughout, double lock up garage with internal access to home plus great storage.

Property Code: 412

Property History for 1 Magnolia Dr, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$1,225,181
08 Oct 2012
Listed for Rent
$850/w
16 Sep 2022
  • 28 Jul 2024
    Listed for Rent $900 / week
  • 02 Sep 2022
    Listed for Rent $850 / week
  • 23 Jun 2020
    Listed for Rent - Price not available
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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 5,425 properties. Over the last 5 years, Houses in Forest Hill have seen a 30.60% increase in median value, while Units have seen a 12.88% increase. As at 31 July 2024:

  • The median value for Houses in Forest Hill is $1,146,130 while the median value for Units is $692,208.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Forest hill.

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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.