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

540 Springvale Road
Forest Hill VIC 3131

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 540 Springvale Rd, Forest Hill

540 Springvale 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 August 2023.

Building Type
House
Local Government
Whitehorse
Lot/Plan
34/LP90121

Last Listing description (April 2026)

Spacious Three Bedroom Family Living

Jellis Craig Monash is proud to present this beautifully appointed home, offering the perfect blend of comfort and functionality. Ideally located with Forest Hill Chase just a short walk away, and close to Mahonys Reserve, Forest Hill College, Burwood Heights Primary School, Parkmore Primary School, Vermont South Shopping Centre, Brentford Square Shopping Centre, Orchard Grove Primary School, Blackburn Lake Sanctuary, Blackburn Lake Primary School, and public transportincluding a bus stop conveniently located right outside the property.

Consisting of:
First bedroom with built-in storage

Bedrooms 2 and 3 are located at the rear end of the property, adjacent to a bathroom
Bathroom with sink, toilet & shower
Open living/dining room upon entry with access to the rear
Kitchen with gas cooktop, dishwasher, and ample storage options

Featuring:
Heating / cooling in living area
Generous yard which is fully enclosed
Double lock-up garage with extra car space

To book an Inspection for this property, please click either the Book Inspection or Email Agent button, and you will be advised of any inspection times we have available, or you will be given the option to register your interest for future inspections if there are no times currently available. Please note you must register to attend our weekday inspections. If you have not pre-registered for an inspection prior to the inspection time, you will not be notified of any changes or cancellations of the inspection time or date.

DISCLAIMER:
Every effort is made to ensure that all of the information provided in this advertisement is accurate. Photo ID required at all inspections.

Property History for 540 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$1,190,000
24 Aug 2023
  • 18 Mar 2026
    Listed for Rent $630 WEEKLY
  • 15 Jan 2025
    Listed for Rent $595 per week
  • 30 Aug 2022
    Listed for Sale $1.2m
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About Forest Hill 3131

The size of Forest Hill is approximately 4.1 square kilometres. There are 12 parks, covering nearly 8.5% of the 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 5,474 properties. Over the last 5 years, Houses in Forest Hill have seen a 7.17% increase in median value, while Units have seen a 3.40% increase. As at 30 April 2026:

  • The median value for Houses in Forest Hill is $1,190,152 while the median value for Units is $745,559.
  • Houses have a median rent of $670 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 5 properties listed for rent in Forest hill on OnTheHouse. According to Cotality's data, 225 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.