323 Springvale Road, Forest Hill, VIC 3131 | Commercial for rent | OnTheHouse
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323 Springvale Road
Forest Hill VIC 3131

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 184m2
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PREMIER MEDICAL & PROFESSIONAL SUITES

A rare opportunity to secure a character-rich professional premises in one of Melbourne's most established medical corridors.
Formerly operating as a medical centre, this beautifully presented weatherboard property on prominent Springvale Road offers four private consulting suites (each with hand basin), dedicated reception with dual staff workstation, spacious waiting room, tea room, dual WCs (including accessible), laundry, and rear deck — ready to occupy from day one.
Soaring ceilings, ornate cornices, stained glass, and rich timber joinery create a calm, professional environment that puts patients immediately at ease.
LOCATION HIGHLIGHTS:
• Major arterial road frontage — high daily exposure
• 7 on-site car spaces + ample street parking
• Neighbouring pathology, pharmacy, diagnostic imaging, dental & allied health
• Close to Knox Private Hospital, Epworth Eastern & Box Hill Hospital
• Bus services at the door | Minutes to Forest Hill Chase
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Property Details for 323 Springvale Rd, Forest Hill

Building Type
Commercial
Floor Size
184m2
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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 2016 was 10626 people. By 2021 the population was 10780 showing a population growth of 1.4% 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 2021, 70.80% of the homes in Forest Hill were owner-occupied compared with 70.10% in 2016.

Forest Hill has 5,474 properties. Over the last 5 years, Houses in Forest Hill have seen a 14.02% increase in median value, while Units have seen a 15.68% increase. As at 31 March 2026:

  • The median value for Houses in Forest Hill is $1,229,936 while the median value for Units is $829,431.
  • Houses have a median rent of $660 while Units have a median rent of $590.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Forest hill.

Suburb Insights for Forest Hill 3131

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Michelle D’Assisi
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Frank D'Assisi
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.