OFF MARKET

79 Jolimont Road
Forest Hill VIC 3131

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 84m2
Land area: 174m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low
High
Share
Save

Property Details for 79 Jolimont Rd, Forest Hill

79 Jolimont Rd, Forest Hill is a 2 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 174m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1985
Floor Size
84m2
Land Size
174m2
Local Government
Whitehorse
Lot/Plan
493/LP47576

Last Listing description (November 2023)

Calling all keen developers, astute investors, or motivated buyers with a project in mind dont miss this rare opportunity to secure a versatile commercial/residential property with Commercial 1 Zoning (C1Z) under schedule DDO4. Rent to a business, work from home, or redevelop into a brand-new multi-storey dwelling (STCA) the choice is all yours!

The current property enjoys corner street frontage on approx. 174sqm of land, with approx. 84sqm of dedicated retail floor space in what is a highly rare and sought-after location to own commercial real estate. Adding to the appeal is the residential area Attached and included on the commercial Lease is a 2-bedroom dwelling attached to the property, offering a separate kitchen/meals area, a private bathroom/laundry and 2 large bedrooms upstairs so owner-occupiers can easily work from home and reside on the Premises!

Theres high foot/car traffic for fantastic exposure just opposite Parkmore Primary School, located within minutes drive of either The Glen Shopping Centre and Glen Waverley Station or Forest Hill Chase and nearby Nunawading Station. Major arterials bring even further traffic via Springvale Road, Burwood Highway, and the Eastern Freeway.

Opportunity is knocking for the astute investor, so call Harry Fares on 0458 766 958 or Filippa Ardolic on 0477 333 031 to register your interest today!

Show More

Property History for 79 Jolimont Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$800,000
21 Jun 2023
Listed for Rent
14 Jan 2021
  • 21 Jun 2023
    Sold for $800,000
  • 11 Apr 2023
    Listed for Sale $790,000 - $869,000
  • 25 Mar 2015
    Listed for Rent $14,604 / year
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.
There are currently 18 properties listed for sale, and 8 properties listed for rent in Forest hill on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Forest hill.

Forest Hill Profile Page

Suburb Insights for Forest Hill 3131

Visit Forest Hill profile page
Market Insights
Forest Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Forest Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Forest Hill profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED