5/278 Springvale Road, Forest Hill, VIC 3131 | Property Value & History | OnTheHouse
OFF MARKET

5/278 Springvale Road
Forest Hill VIC 3131

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 46m2
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Last updated 15 Dec 2025
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Property Details for 5/278 Springvale Rd, Forest Hill

5/278 Springvale Rd, Forest Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 46m2 and floor size of 40m2.

Building Type
Unit
Year Built
1960
Floor Size
40m2
Land Size
46m2
Local Government
Whitehorse
Lot/Plan
5/RP17502

Last Listing description (October 2025)

Features Include:
Spacious bedroom with built-in double wardrobe
Open-plan kitchen with electric cooking

Combined bathroom/laundry with separate toilet
Single carport for off-street parking

Property History for 5/278 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Listed for Rent
$370/w
01 Sep 2025
  • 01 Sep 2025
    Listed for Rent $370 / week
  • 27 Nov 2020
    Listed for Rent $245 / week
  • 26 Mar 2013
    Listed for Sale Not Disclosed
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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 8 properties listed for sale, and 10 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 235 properties were sold in the past 12 months in Forest hill.

Suburb Insights for Forest Hill 3131

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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.