8/278 Springvale Road, Forest Hill, VIC 3131 | Property Value & History | OnTheHouse
OFF MARKET

8/278 Springvale Road
Forest Hill VIC 3131

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 46m2
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Last updated 15 Dec 2025
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Property Details for 8/278 Springvale Rd, Forest Hill

8/278 Springvale Rd, Forest Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 46m2 and floor size of 58m2.

Building Type
Unit
Year Built
1960
Floor Size
58m2
Land Size
46m2
Local Government
Whitehorse
Lot/Plan
8/RP17502

Last Listing description (May 2025)

This property has had a recent make over, including a new impressive modern kitchen with a dishwasher. Practical polished floors, neutral tonings throughout. Built in robes to well sized bedroom, new bathroom and laundry. Electric heating in the loungeroom and split system in bedroom. There is also a fantastic rear yard with gated access.

Property History for 8/278 Springvale Rd, Forest Hill, VIC 3131

A timeline of how this property has performed in the market
Listed for Rent
$370/w
21 May 2025
  • 21 May 2025
    Listed for Rent $370 / week
  • 03 Apr 2024
    Listed for Rent $350 / week
  • 27 Feb 2023
    Listed for Rent $330 / week
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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 8 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

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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.