306 Springvale Road, Forest Hill, VIC 3131 sold on 08 September 2026 | OnTheHouse
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Sold on 08 Sep 2026 - Price Unavailable

306 Springvale Road
Forest Hill VIC 3131

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 529m2
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Property Details for 306 Springvale Rd, Forest Hill

306 Springvale Rd, Forest Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 529m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Forest Hill in the last 12 months.

Building Type
House
Floor Size
114m2
Land Size
529m2
Local Government
Whitehorse
Lot/Plan
29/LP64077

Last Listing description (September 2026)

Ideally combining classic charm with exciting future potential, this well-maintained three-bedroom brick veneer home presents an excellent opportunity for investors, growing families and first-home buyers alike. Set on a generous allotment at 306 Springvale Road, it offers comfortable living today with scope to further enhance over time.

Inside, a welcoming and light-filled interior is complemented by beautiful hardwood timber floors flowing throughout the living areas and bedrooms. The spacious front lounge, complete with a fireplace and elegant light fittings, provides a warm and inviting setting and flows through to a dedicated dining area with split-system air conditioning for year-round comfort. The adjoining original-style kitchen includes a practical meals area and offers excellent potential for a modern update, while remaining perfectly functional for immediate use.

Accommodation comprises three well-proportioned bedrooms, two with built-in robes, serviced by a neat central bathroom with separate bath and shower, a separate toilet, and a full laundry. Outdoors, the deep block and long driveway provide ample off-street parking, while a versatile rear garage/workshop adds further flexibility for storage, hobbies, or future use.

Whether you are looking to move straight in or gradually renovate and extend (STCA), the home provides a flexible foundation to suit a range of needs. For investors, the solid existing dwelling and generous landholding present a smart opportunity to lease out immediately or explore future improvement or redevelopment options (STCA).

Conveniently positioned within easy reach of everyday amenities, the property is close to Blackburn Lake Sanctuary, Forest Hill Chase and Brentford Square, with Nunawading Station also nearby for easy commuting. A selection of well-regarded schools are within close proximity, including Blackburn Lake Primary, Mount Pleasant Road Primary, Forest Hill College and Nunawading Christian College, further enhancing the homes broad appeal.

Property History for 306 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
08 Sep 2026
Listed for Rent
$400/w
27 Jan 2023
  • 08 Sep 2026
    Sold
  • 15 Apr 2026
    Listed for Sale For Sale $825,000
  • 04 Feb 2026
    Listed for Rent $495 / week
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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 5,487 properties. Over the last 5 years, Houses in Forest Hill have seen a -9.69% decrease in median value, while Units have seen a -5.10% decrease. As at 31 August 2026:

  • The median value for Houses in Forest Hill is $1,086,485 while the median value for Units is $691,789.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 4 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Forest hill.

Suburb Insights for Forest Hill 3131

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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.