5 Parkmore RoadForest Hill VIC 3131
Property Details for 5 Parkmore Rd, Forest Hill
5 Parkmore Rd, Forest Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Forest Hill in the last 12 months.
Last Listing description (November 2025)
Perfectly positioned in a peaceful, tree-lined street, this charming residence on a generous 581m² (approx.) allotment represents an exceptional opportunity to redevelop, rebuild, or invest in one of Forest Hill’s most sought-after locations.
The property’s rectangular, level block provides the ideal foundation for a new luxury family home or multi-unit development (STCA), appealing to builders, developers, and astute investors seeking strong growth and reliable returns in a well-established neighbourhood.
The existing three-bedroom home is neat, comfortable, and full of potential. It features a spacious lounge with fireplace, a functional kitchen and dining area, a dedicated study, and a family bathroom. Outside, a large covered entertaining area overlooks a private rear garden, complemented by a studio, garage, shed, and carport. This flexibility allows you to live in or lease out while preparing plans and permits for future development.
Superbly located for convenience and lifestyle, this address places you within easy walking distance of both Forest Hill Chase and Brentford Square Shopping Centre, offering an abundance of retail, dining, and daily amenities at your doorstep. Families will appreciate proximity to Parkmore Primary School, Forest Hill College, and Mahoneys Reserve, while Blackburn Lake Sanctuary and Wattle Park provide natural beauty and weekend leisure options.
Public transport is readily available with nearby bus routes connecting to Nunawading Station and the Eastern Freeway, ensuring seamless access to the CBD and surrounding suburbs.
Whether you’re looking to build your dream home, embark on a boutique townhouse project, or secure a high-potential investment, 5 Parkmore Road offers the perfect blend of location, land, and opportunity in a premium pocket of Forest Hill — a suburb celebrated for its quiet streets, quality schools, and enduring family appeal.
Property History for 5 Parkmore Rd, Forest Hill, VIC 3131
- 22 Nov 2025Sold for $1,020,000
- 25 Oct 2025Listed for Sale $900,000 - $990,000
- 13 Nov 2003Sold for $300,000
Recent sales nearby
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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 25.41% increase in median value, while Units have seen a 16.78% increase. As at 31 December 2025:
- The median value for Houses in Forest Hill is $1,243,021 while the median value for Units is $828,701.
- Houses have a median rent of $650 while Units have a median rent of $580.
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