195 Mahoneys Rd, Forest Hill is a 0 bedroom, 0 bathroom House with 100 parking spaces. The property has a land size of 5023m2 and floor size of 5023m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Ray White Forest Hill proudly presents this extraordinary 5,023sqm landholding, offering unparalleled potential for a residential housing estate or commercial development STCA . Situated in one of Melbourne's most sought-after eastern suburbs, this landmark site is an opportunity not to be missed!
Key Highlights:
-Prime General Residential Zoning - Schedule 1
This is a superb investment opportunity to acquire and develop a rare, large-scale parcel in a high-demand area.
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 5,472 properties. Over the last 5 years, Houses in Forest Hill have seen a 25.41% increase in median value, while Units have seen a 16.78% increase. As at 31 December 2025:
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