550 Springvale RoadForest Hill VIC 3131
Property Details for 550 Springvale Rd, Forest Hill
550 Springvale Rd, Forest Hill is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 734m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 5 bedroom House sold in Forest Hill in the last 12 months.
Last Listing description (August 2025)
*Please note that this property is only available for short term lease (6 months or less). Please book an appointment before attending any inspection to avoid disappointment.
Spacious, elevated and entertaining, this grand home is a fantastic choice for families.
Situation on a generous block of 734sqm approx. at the end of a non-through service road, with easy reach to bus services, park, schools and shopping centres. The generous home offers two sunken living spaces and dining room, five large bedrooms sharing two family size bathrooms with separate toilets, master bedroom with large WIR and open plan ensuite. A covered outdoor area and large backyard for children to play.
This home also features:
Formal lounge with quality window furnishings
Ceramic tiles throughout living/meals/kitchen
Two storeys with viewing balcony
Stone kitchen bench with full set of TECHNIKA appliances
Study/ Home office room
Full master ensuite featuring a corner spa bath
Ducted heating and cooling, built-in vacuum system
In a prime location doorstep to bus services on Springvale Road and moments to Forest Hill Chase, Emmaus College, Burwood East Primary School and tram lines to Burwood One Shopping Centre and Deakin University.
Photo ID required at all inspections.
Property History for 550 Springvale Rd, Forest Hill, VIC 3131
- 09 Jul 2025Sold for $1,678,000
- 05 Dec 2024Listed for Rent $1,200 / week
- 15 Apr 2024Listed for Rent $1,200 / week
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 5,474 properties. Over the last 5 years, Houses in Forest Hill have seen a 24.34% increase in median value, while Units have seen a 9.53% increase. As at 31 January 2026:
- The median value for Houses in Forest Hill is $1,249,414 while the median value for Units is $766,521.
- Houses have a median rent of $650 while Units have a median rent of $580.
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