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About this property
Set on an impressive 850m² (approx.) parcel of land in one of Forest Hill's most convenient and tightly held locations, this property presents a rare and versatile opportunity for homeowners, investors and developers alike. The existing residence offers comfortable and functional living, comprising three well-proportioned bedrooms, two bathrooms, and a double garage, making it ideal for immediate occupation or as a solid investment while future plans are explored. The home is well suited to families, professionals, or those seeking a strategic landholding in a high-demand area. What truly distinguishes this property is its exceptional location and future potential. Positioned right next to Forest Hill shopping complex, residents will enjoy effortless access to supermarkets, retail stores, cafés and restaurants. Public transport options are moments away, ensuring easy connectivity to surrounding suburbs and the CBD, while local schools, parks, and essential services further enhance the appeal. With its generous land size of 850m² and prominent positioning, the property also offers outstanding development potential (subject to council approval). Whether considering a multi-dwelling project, a contemporary redevelopment, or a long-term land bank in a proven growth suburb, the possibilities are compelling. This is a rare chance to secure a substantial landholding in a location where convenience, lifestyle and future upside intersect. Whether you choose to move in, lease out, or unlock its full potential, this property is an opportunity that delivers now and into the future.
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 850 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Forest Hill
This 3-bedroom house in Forest Hill, VIC 3131 sits within reach of public transport, local shops and nearby schools.
Schools near Forest Hill
- Parkmore Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 195 m away
- Clean Clober — 620 m away
- Parkland Place Reserve — 253 m away
- Melbourne Water Pipe Reserve — 283 m away
- Mahoneys Reserve — 297 m away
Forest Hill at a glance
Full suburb profile- Population
- 10,780
- Median age
- 42
- Household income
- $1,658/wk
- Median rent
- $396/wk
- Median mortgage
- $2,123/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Forest Hill price trend
Median sold · House 3 bed
Compound growth +1.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Forest Hill marketThis listing
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