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

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Last updated 29 Dec 2025
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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 (March 2025)

SPACIOUS THREE-BEDROOM FAMILY LIVING

Experience the charm of this beautifully appointed 3-bedroom home, offering the perfect blend of comfort and functionality for families. Ideally located, it provides unbeatable convenience with Forest Hill Chase just a short walk away.

Features include:
Double lock up garage w/ extra car space

Open living/dining room upon entry with/ access to the rear
Kitchen w/gas cooktop, dishwasher, and ample storage options
First bedroom with built-in storage
Ducted heating & evaporative cooling throughout the property
Bedrooms 2 & 3 are located at the rear end of the property adjacent to a bathroom
Bathroom w/sink,toilet & shower
A generously sized, fully enclosed backyard for added privacy and security.

Close to Mahony's Reserve, Forest Hill College, Burwood Heights Primary School, Parkmore Primary School, Vermont South Shopping Centre, Brentford Square Shopping Centre, Orchard Grove Primary Blackburn Lake Sanctuary, Blackburn Lake Primary School and Buses.

Photo ID required at all open for inspections.

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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
  • 15 Jan 2025
    Listed for Rent $595 per week
  • 30 Aug 2022
    Listed for Sale $1.2m
  • 22 Jun 2021
    Listed for Rent - Price not available
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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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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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