347 Springvale Rd, Forest Hill is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 670m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Sited on 669sqm (approx.) backing on to Forest Hill Cricket and Football Club, this five bedroom plus study home offers options aplenty. Perfect for a family or investor, the interior has been partially renovated featuring a new kitchen and bathroom, fresh paint and polished floorboards. Alternatively, buyers seeking a prime development site will no doubt be impressed (subject to council approval). They ll also have the option to additionally purchase 349 and 351 Springvale Road which are currently available for sale. All three blocks combined measure 2026sqm (approx.), presenting an even greater development opportunity (STCA).
Additional Features:
*Single lock up garage plus workshop
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 5,426 properties. Over the last 5 years, Houses in Forest Hill have seen a 24.06% increase in median value, while Units have seen a 9.69% increase. As at 31 August 2024:
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