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Back 122 Mahoneys Road
Off Market

122 Mahoneys Road

Forest Hill VIC 3131

3
2
2
850 m²
House
Steven ChenSteven Chen, last sold this property on 29 April 2026 after 86 days on market.

Overview

Prime Forest Hill Opportunity on 850m² – Lifestyle, Location & Development Potential (STCA)

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
850 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Forest Hill over the last 12 months, the estimated median property value of 122 Mahoneys Road is $1.2m.

Median value
$1.2m
Estimated value range
$845k - $1.6m
Median days on market
25
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forest Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 122 Mahoneys Road

2026
Sold
Undisclosed
29 Apr 2026 by Steven Chen, of BigginScott Manningham

Happy sellers in Forest Hill

94%
94% of sellers in Forest Hill reported that their sale price either exceeded or met their price expectations.

Forest Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Forest Hill over the last 12 months.

Local market activity for 3 bedroom houses in Forest Hill

In the last 12 months, 62 three-bedroom houses similar to 122 Mahoneys Road, have been sold.

This represents a 24% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Forest Hill

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Patrick Fu

Sellers who recommend Patrick Fu have praised them for being local expert, clear communication, responsive, reliable, supportive, dedicated and honest

  •   5   (102 reviews)
  •  8 Reviews in Forest Hill
  •  26 Sales in Forest Hill
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Robert Sheahan

Sellers who recommend Robert Sheahan have praised them for being clear communication, local expert, honest, friendly, supportive, hard-working and responsive

  •   4.9   (518 reviews)
  •  8 Reviews in Forest Hill
  •  6 Sales in Forest Hill
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Jee Chin

Sellers who recommend Jee Chin have praised them for being local expert, clear communication, reliable, friendly, supportive, honest and trustworthy

  •   5   (112 reviews)
  •  6 Reviews in Forest Hill
  •  5 Sales in Forest Hill
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Shaun Perumal

Sellers who recommend Shaun Perumal have praised them for being clear communication, local expert, friendly, enthusiastic, responsive, honest and empathetic

  •   4.9   (96 reviews)
  •  6 Reviews in Forest Hill
  •  3 Sales in Forest Hill
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