118/251 Canterbury Road, Forest Hill, VIC 3131 | Apartment for sale | OnTheHouse
 
FOR SALE
$420,000 - $462,000

118/251 Canterbury Road
Forest Hill VIC 3131

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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First Home or High-Yield Investment — Footsteps from Forest Hill Chase

Set on the first floor of a well-kept, secure complex just footsteps from Forest Hill Chase Shopping Centre, this bright two-bedroom apartment delivers effortless living in one of Forest Hill's most convenient pockets — an ideal first home, downsizer base or set-and-forget investment.
A spacious open-plan living and dining zone flows out to a generous balcony with a leafy northerly outlook towards the Gardiners Creek tributary. The modern kitchen features stainless-steel appliances including gas cooktop, oven and dishwasher, while both well-proportioned bedrooms offer mirrored built-in robes, serviced by a central bathroom with integrated laundry. Split-system heating and cooling, a secure car space and ample visitor parking complete the package.
Investors, the numbers stack up: two-bedroom apartments in this complex have recently leased for $500–$580 per week.
Stroll to Forest Hill Chase's retail, dining and cinema precinct, with buses on Canterbury Road at your door and Nunawading and Mitcham stations, Deakin University Burwood, Brentford Square and EastLink all just minutes away.
*Disclaimer: The images contained in this advertisement are for illustrative purposes only and may have been digitally enhanced or modified to demonstrate the potential presentation of the property. Furniture, furnishings, décor, landscaping, and other items shown may not be included in the sale. Prospective purchasers should conduct their own enquiries and inspections to satisfy themselves as to the property’s condition, features, dimensions, and suitability.
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Property Details for 118/251 Canterbury Rd, Forest Hill

118/251 Canterbury Rd, Forest Hill is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Bold Property Real Estate.

Building Type
Apartment
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About Forest Hill 3131

The size of Forest Hill is approximately 4.1 square kilometres. There are 12 parks, covering nearly 8.5% of the 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 5,486 properties. Over the last 5 years, Houses in Forest Hill have seen a -2.51% decrease in median value, while Units have seen a -2.62% decrease. As at 30 June 2026:

  • The median value for Houses in Forest Hill is $1,128,990 while the median value for Units is $720,807.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 220 properties were sold in the past 12 months in Forest hill.

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Frank Pang
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