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Back 318 Springvale Rd
Off Market

318 Springvale Rd

Forest Hill VIC 3131

3
1
1
913 m²
House
Jerry ZhuJerry Zhu, last sold this property on 23 January 2026 after 573 days on market.

Overview

Appx. 913m2 Rectangle Corner Block of Land Huge Subdivision Potentials

Appx.913m2 Rectangle Corner Block Huge Potentials A superb opportunity for either owner occupiers, renovators, developers, builders or investors to maximise on the potential of this corner allotment ideal for redevelopment and possible subdivision (STCA). This wonderful prospect also includes the bonus of the existing 3 bedroom home ideally positioned to one side of the block with two separate street frontages. • A rare opportunity to secure approx. 913m2 of prime real estate and make this "sought after location" your very own. • The original family home is waiting for a new owner to create an amazing family residence or capitalize on the position by developing the site as an investment with the potential of up to 3 town residences (STCA), the choice is entirely yours. • The existing house has had a wonderful life with many years of happiness, however the time has come for new owner, with new ideas and keen to start a new project. • A fantastic corner block in close proximity to Forest Hill Chase Shopping Centre, Nunawading Station, great primary and secondary schools as well as having Blackburn Lake and Bellbird Dell Reserve nearby. Whatever you choose to do with this block you can be sure that you are on a winning streak as the location will be the envy of all. Positioned within walking distance of Forest Hill Chase, Blackburn Lake Sanctuary, and buses to Westfield Doncaster and Blackburn Station, the home is zoned for both Blackburn Lake Primary School and Forest Hill College, and is also just moments from Nunawading Station, Blackburn Station, EastLink and Eastland. Contact Jerry Zhu 0401 753 099 or for more information. PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS INSPECTION TIMES are subject to change without notice Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document and refer to the due diligence check-list provided by consumer affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
913 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 318 Springvale Rd 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 318 Springvale Rd

2026
Sold
Undisclosed
23 Jan 2026 by Jerry Zhu, of Real Agency Real Estate
2019
Sold
$936,000
Sold Before Auction on 20 Apr 2019 by Hugh Francis, of Jellis Craig Whitehorse

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 46 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 318 Springvale Rd, 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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