380 Springvale Road, Forest Hill, VIC 3131 | Property Value & History | OnTheHouse
OFF MARKET

380 Springvale Road
Forest Hill VIC 3131

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 951m2
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Property Details for 380 Springvale Rd, Forest Hill

Building Type
Commercial
Land Size
951m2
Local Government
Whitehorse
Lot/Plan
144/LP62695

Last Listing description (December 2023)

Ray White Commercial is pleased to offer for lease, an established medical centre located at 380 Springvale Road. Forest Hill

380 Springvale Road Forest Hill has been operating as a successful physiotherapy clinic for the past 10* years and ready for its next chapter. With a total building area of 142m2* and medical permits for two practitioners, this location has everything you need to continue providing high-quality care to your patients.

The property is easily accessible via public transport and major arterials. The medical centre is conveniently located near several public transport options, including bus and Blackburn train station (3.7km* away), making it easy for both staff and patients.

Additionally, this location is easily accessible by major arterials, such as the Eastern Freeway, Canterbury Road & Burwood Hwy providing a quick and convenient route for those driving to your practice. With ample on-site parking available, your patients will have no trouble finding a place to park.

The property features a reception area and waiting room plus 5 consulting rooms.

With a proven track record of success, this is a fantastic opportunity for a health professional to take their practice to the next level. Don't miss out on this prime location and established medical location.

Total building area 142m2*
Medical permits for two practitioners
Comprising reception area and waiting room
5 Consulting rooms
Ample on-site parking
Suitable for any health professional (STCA)

For more information and to arrange an inspection, please contact us today.

Ryan Amler | 0401 971 622
Simon Liang | 0451 954 318

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 380 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$350,000
29 Apr 2005
Listed for Rent
$767/w
01 Mar 2023
  • 16 Feb 2023
    Listed for Rent - Price not available
  • 26 Apr 2012
    Listed for Rent $504,000 / year
  • 29 Apr 2005
    Sold for $350,000
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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.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 231 properties were sold in the past 12 months in Forest hill.

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Cotality Copyright and Legal Disclaimers about Property Data
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.