318 Springvale RoadForest Hill VIC 3131
Property Details for 318 Springvale Rd, Forest Hill
318 Springvale Rd, Forest Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 913m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Last Listing description (September 2025)
Appx.913m2 Rectangle Corner Block Huge PotentialsA superb opportunity for either owner occupiers, renovators, developers, builders or investors to maximise on the potential of this corner allotment ideal for redevelopment and possible subdivision (STCA). This wonderful prospect also includes the bonus of the existing 3 bedroom home ideally positioned to one side of the block with two separate street frontages. A rare opportunity to secure approx. 913m2 of prime real estate and make this "sought after location" your very own. The original family home is waiting for a new owner to create an amazing family residence or capitalize on the position by developing the site as an investment with the potential of up to 3 town residences (STCA), the choice is entirely yours. The existing house has had a wonderful life with many years of happiness, however the time has come for new owner, with new ideas and keen to start a new project. A fantastic corner block in close proximity to Forest Hill Chase Shopping Centre, Nunawading Station, great primary and secondary schools as well as having Blackburn Lake and Bellbird Dell Reserve nearby.Whatever you choose to do with this block you can be sure that you are on a winning streak as the location will be the envy of all. Positioned within walking distance of Forest Hill Chase, Blackburn Lake Sanctuary, and buses to Westfield Doncaster and Blackburn Station, the home is zoned for both Blackburn Lake Primary School and Forest Hill College, and is also just moments from Nunawading Station, Blackburn Station, EastLink and Eastland.Contact Jerry Zhu 0401 753 099 or for more information.PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONSINSPECTION TIMES are subject to change without noticeDisclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 318 Springvale Rd, Forest Hill, VIC 3131
- 20 Sep 2025Listed for Sale Private Sale By Negotiation
- 29 Jun 2024Listed for Sale Not Disclosed
- 20 Apr 2019Sold for $936,000
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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 5,476 properties. Over the last 5 years, Houses in Forest Hill have seen a 28.74% increase in median value, while Units have seen a 10.53% increase. As at 30 November 2025:
- The median value for Houses in Forest Hill is $1,258,166 while the median value for Units is $768,017.
- Houses have a median rent of $650 while Units have a median rent of $580.
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