2/366-368 Springvale RoadForest Hill VIC 3131
Property Details for 2/366-368 Springvale Rd, Forest Hill
2/366-368 Springvale Rd, Forest Hill is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 80m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (December 2023)
Refreshed with a modern kitchen, bathroom and decorative roller blinds, this 2-bedroom unit facing Pilita St offers gateway connections with the 902 bus service from Chelsea to Airport West out front, in walking distance to Forest Hill Chase, Aqualink pool and Nunawading train station.
The neat brick veneer is set back beyond the service road, with security doors and a private entrance, value-packed with a fully equipped kitchen with s/s oven, gas cooktop and dishwasher, split system cooling unit in the living room, a fenced paved courtyard at the rear and carport in the hidden laneway.
The main living room is bright and spacious, with enough room in the kitchen for a breakfast table and robes in both bedrooms.
For first home buyers and investors, this is a smart buy in a superbly central location - updated for move-in ready appeal for both an owner or a tenant, offering superb access to shopping, dining and entertainment at Forest Hill Chase, Burwood One, Vermont South, The Glen, Eastland and the newly upgraded Westfield Knox.
Property History for 2/366-368 Springvale Rd, Forest Hill, VIC 3131
- 22 Jul 2023Sold for $580,000
- 03 May 2023Listed for Sale Under Contract
- 11 Feb 2018Sold for $525,000
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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.
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