371 Springvale Road
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About this property
Presenting an exceptional opportunity in a sought-after pocket, this classic brick residence occupies a substantial 646sqm (approx.) allotment with an impressive 18.4-metre frontage. Offering broad appeal to investors, developers and owner-occupiers alike, the property combines immediate family comfort with outstanding future potential (STCA). The generous rectangular allotment provides excellent scope to build a new luxury residence or explore multi-dwelling redevelopment opportunities, subject to council approval. Alternatively, the existing home offers strong rental appeal, making it an ideal land-banking investment for future capital growth. Well maintained throughout, the home features a practical family-friendly layout with multiple living zones, including a spacious front lounge bathed in natural light. Brivis ducted heating and Coolair evaporative cooling ensure year-round comfort across the home. The well-appointed kitchen is designed for everyday functionality, featuring a gas cooktop, built-in oven, dishwasher, breakfast bar, ample cabinetry and generous bench space. Overlooking the adjoining dining and family area, it creates a welcoming hub for everyday living and entertaining. Accommodation comprises four generously sized bedrooms, including a privately positioned main bedroom complete with a built-in robe and ensuite. The remaining bedrooms are serviced by a central family bathroom, providing comfortable accommodation for growing families. Stepping outside, a large undercover pergola provides the perfect setting for alfresco dining, weekend barbecues and outdoor entertaining, while the backyard offers plenty of space for children and pets to enjoy. A double garage provides secure. Conveniently positioned for everyday living, the home enjoys bus services at the doorstep and is just moments from Forest Hill Chase and Vermont South Shopping Centre. Families will appreciate the selection of quality local schools nearby, while Aqualink Nunawading, Forest Hill Reserve and surrounding parklands offer excellent recreational facilities. Nunawading Station, the Eastern Freeway and EastLink are all within easy reach, providing convenient access to Melbourne's CBD and beyond. Offering immediate comfort, generous land dimensions and exciting future possibilities, this is a rare opportunity to secure a versatile property in a well-connected and highly desirable location.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 647 m²
- Listed
- 6 days ago
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Neighbourhood
Living in Forest Hill
This 4-bedroom house in Forest Hill, VIC 3131 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $1.02m median of 55 comparable houseswithin 5 km.
Schools near Forest Hill
- Parkmore Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Husband Road (bus) — 24 m away
- Clean Clober — 267 m away
- Melbourne Water Pipe Reserve — 149 m away
- Melbourne Water Pipe Reserve — 378 m away
- Forest Hill Reserve — 388 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 4 bed
Compound growth -0.8% / yr over 4 yrs
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Full Forest Hill marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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