72 Barter Cres, Forest Hill is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 589m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Here is a chance to add your own personal touch to this potential-rich single-level home, nestled on a sizeable 589sqm (approx.) block in a desirable Forest Hill pocket just a short stroll away from Forest Hill Chase. Astute investors will be aware of the investment potential, with the home's blank canvas and easy-care backyard lending itself to renovation or development opportunities (STCA). And with a lifestyle of convenience on offer, the rental potential is immense.
An idyllic location also offers walking distance access to Mahoneys Reserve, Blackburn Lake, Burwood Heights Primary School, Forest Hill College, bus services and the tram line on Burwood Highway that goes past Deakin University, while the very close proximity of Burwood One Shopping Centre, Nunawading train station, Blackburn Station and the Eastern Freeway/Eastlink adds further appeal.
Should first-time buyers be keen to make their mark with a modern makeover, the home's sturdy bones and natural assets can be easily incorporated into any interior update. Revitalise the walls with a fresh coat of paint. Modernise the flooring with a splash of contemporary flair. And if you're really keen, capitalise on the spacious nature of the serviceable kitchen by introducing a modern benchtop, some new appliances and what you'll have is a show-stopping kitchen in every sense.
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:
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