306 Springvale Road
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About this property
Ideally combining classic charm with exciting future potential, this well-maintained three-bedroom brick veneer home presents an excellent opportunity for investors, growing families and first-home buyers alike. Set on a generous allotment at 306 Springvale Road, it offers comfortable living today with scope to further enhance over time. Inside, a welcoming and light-filled interior is complemented by beautiful hardwood timber floors flowing throughout the living areas and bedrooms. The spacious front lounge, complete with a fireplace and elegant light fittings, provides a warm and inviting setting and flows through to a dedicated dining area with split-system air conditioning for year-round comfort. The adjoining original-style kitchen includes a practical meals area and offers excellent potential for a modern update, while remaining perfectly functional for immediate use. Accommodation comprises three well-proportioned bedrooms, two with built-in robes, serviced by a neat central bathroom with separate bath and shower, a separate toilet, and a full laundry. Outdoors, the deep block and long driveway provide ample off-street parking, while a versatile rear garage/workshop adds further flexibility for storage, hobbies, or future use. Whether you are looking to move straight in or gradually renovate and extend (STCA), the home provides a flexible foundation to suit a range of needs. For investors, the solid existing dwelling and generous landholding present a smart opportunity to lease out immediately or explore future improvement or redevelopment options (STCA). Conveniently positioned within easy reach of everyday amenities, the property is close to Blackburn Lake Sanctuary, Forest Hill Chase and Brentford Square, with Nunawading Station also nearby for easy commuting. A selection of well-regarded schools are within close proximity, including Blackburn Lake Primary, Mount Pleasant Road Primary, Forest Hill College and Nunawading Christian College, further enhancing the home's broad appeal.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 529 m²
- Listed
- 2 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. It is listed 20% below the $1.10m median of 55 comparable houseswithin 5 km.
Schools near Forest Hill
- Parkmore Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Cumberland Court (bus) — 52 m away
- Tai Chi — 245 m away
- Glen Valley Reserve — 287 m away
- Melbourne Water Pipe Reserve — 325 m away
- Wren Close Reserve — 470 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.
Due diligence
Property Report
Zoning & Regional Plan
GRZ1
General Residential Zone - Schedule 1
Whitehorse Planning Scheme
Height Limit
11 metres
Min Lot Size
300m²
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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Price history
Listing price changes
2 price changes recorded for this property
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