329 Springvale RoadForest Hill VIC 3131
Property Details for 329 Springvale Rd, Forest Hill
329 Springvale Rd, Forest Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 728m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (April 2021)
The future is looking bright and the possibilities are endless, with over half an acre on offer in a prime locale that is irresistible to families seeking outstanding lifestyle options, with seamless access to transport, schools and major shopping destinations.
A total land area of 2117sqm approx. is available (comprising 3 adjacent parcels of land) with approved plans and permits for 6 large luxury new homes. Comprising a mixture of 3 or 4-bedroom homes, each appointed with generous floorplans ranging from 18 to 21.2sqm with double garages and ultra-spacious, outdoor entertaining zones. With Forest Hill Linear Reserve at the rear, connecting you with Charles Rooks Reserve and a children's playground, this is space to live and breathe. Detailed plans available upon request.
Alternatively, consider utilising this high-exposure site and redevelop with either a medical suite, childcare centre or mixed-use development (all subject to council approval).
Surrounded by green spaces in a family-focused neighbourhood, it's within the catchment for Mount Pleasant Road Primary School and Forest Hill College and a short distance from Nunawading Train Station, Forest Hill Reserve, Aqualink Nunawading, Blackburn Lake Sanctuary, the Eastern Freeway/Eastlink, Brentford Square and Forest Hill Chase.
Property History for 329 Springvale Rd, Forest Hill, VIC 3131
- 27 May 2021Sold for $912,541
- 12 Apr 2021Listed for Sale Contact Agent
- 24 Feb 2020Listed for Sale Contact Agent
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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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