OFF MARKET

347 Springvale Road
Forest Hill VIC 3131

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 129m2
Land area: 670m2
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Property Details for 347 Springvale Rd, Forest Hill

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.

Building Type
House
Floor Size
129m2
Land Size
670m2
Local Government
Whitehorse
Lot/Plan
4/LP22249

Last Listing description (December 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

*Lounge/dining room with wood fire
*Evaporative cooling & ducted heating
*Big backyard with patio, water tank
*Near AquaLink & Brentford Square
*Close to Forest Hill Chase Shopping
*EastLink, transport & schools nearby
349 & 351 Springvale Road, Forest Hill: http://www.philipwebb.com.au/listing/523411/349-351-springvale-road-forest-hill

Property History for 347 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$1,105,000
02 Nov 2017
  • 02 Nov 2017
    Sold for $1,105,000
  • 14 Sep 2017
    Listed for Sale $1,000,000 - $1,100,000
  • 22 Sep 2007
    Transferred
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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 5,426 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:

  • The median value for Houses in Forest Hill is $1,127,012 while the median value for Units is $696,660.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 7 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 198 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.