Back 306 Springvale Road
Off Market

306 Springvale Road

Forest Hill VIC 3131

3
1
1
0 m²
529 m²
House
Patrick FuPatrick Fu, last sold this property on 07 September 2026 after 145 days on market.

Overview

Enduring Character and Exceptional Potential in Forest Hill

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.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
529 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 306 Springvale Road is $1.16m.

Median value
$1.16m
Estimated value range
$806k - $1.66m
Median days on market
26
Estimated value trend
5%
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 306 Springvale Road

2026
Sold
Undisclosed
07 Sep 2026 by Patrick Fu, of CHN Real Estate Group
2023
Rented
Undisclosed
Leased on 13 Feb 2023 by ASL Real Estate

Happy sellers in Forest Hill

78%
78% 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 44 reviews in Forest Hill over the last 12 months.

Local market activity for 3 bedroom houses in Forest Hill

In the last 12 months, 53 three-bedroom houses similar to 306 Springvale Road, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

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