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

534 Springvale Road
Forest Hill VIC 3131

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 119m2
Land area: 687m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 534 Springvale Rd, Forest Hill

534 Springvale Rd, Forest Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 687m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1975
Floor Size
119m2
Land Size
687m2
Local Government
Whitehorse
Lot/Plan
31/LP90121

Last Listing description (March 2021)

With stunning vaulted ceilings and a splash of stylish flair, this light-filled brick veneer residence offers convenient living close to all amenities. Set well back from the road on a service lane, the award-winning ex-display home has been lovingly maintained over the years and sits on a generous 683m2 allotment (approx.) with a front privacy hedge and secure rear yard.

The functional design features two separate living zones and a modernised kitchen with sleek stone benchtops, stainless-steel appliances and a walk-in pantry. Dining options including a breakfast bar, a meals area plus an inviting alfresco space overlooking the garden.

The three-bedroom home also includes an updated central bathroom, a 2nd WC and a concealed laundry, along with split-system air-conditioning and gas ducted heating for year-round comfort. Children and pets will love the backyard with its generous space and established gardens, while other additions include a large storage shed, a separate garden shed and carport.

Perfect for first home buyers, families and investors alike, this property is a short stroll to bus stops, Emmaus College, Forest Hill College, Burwood Heights Primary School and The Burvale Hotel. It also offers easy access to Forest Hill Chase Shopping Centre and Brentford Square as well as Blackburn Lake Sanctuary and local sporting reserves.

Property History for 534 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$840,000
12 Dec 2020
  • 12 Dec 2020
    Sold for $840,000
  • 17 Nov 2020
    Listed for Sale AUCTION $800,000 - $880,000
  • 07 Sep 2018
    Listed for Sale FOR SALE $910,000
Sign in to see more transactions
Commute Calculator

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 11 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 236 properties were sold in the past 12 months in Forest hill.

Suburb Insights for Forest Hill 3131

Market Insights
Forest Hill Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Forest Hill Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.