8/278 Springvale RoadForest Hill VIC 3131
Property Details for 8/278 Springvale Rd, Forest Hill
8/278 Springvale Rd, Forest Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 46m2 and floor size of 58m2.
Last Listing description (April 2024)
This property has had a recent make over, including an impressive modern kitchen with a dishwasher. Practical polished floors, neutral tonings throughout. Built in robes to well sized bedroom, new bathroom and laundry. Electric heating in the loungeroom and split system in bedroom. There is also a fantastic private rear yard with gated access.
Property History for 8/278 Springvale Rd, Forest Hill, VIC 3131
- 03 Apr 2024Listed for Rent $350 / week
- 27 Feb 2023Listed for Rent $330 / week
- 30 Jul 2018Listed for Rent $280 / week
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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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