Back 371 Springvale Road
Off Market

371 Springvale Road

Forest Hill VIC 3131

4
2
2
0 m²
647 m²
House
Last sold for $988,000
Patrick FuPatrick Fu, last sold this property on 10 August 2026 after 20 days on market.

Overview

Spacious Family Living in a Peaceful and Connected Setting

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
647 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Forest Hill over the last 12 months, the estimated median property value of 371 Springvale Road is $1.36m.

Median value
$1.36m
Estimated value range
$950k - $2.26m
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 371 Springvale Road

2026
Sold
$988,000
10 Aug 2026 by Patrick Fu, of CHN Real Estate Group
2024
Rented
Undisclosed
Leased on 19 Aug 2024 by Jellis Craig Whitehorse
2024
Rented
Undisclosed
Leased on 19 Aug 2024 by Jellis Craig Whitehorse

Happy sellers in Forest Hill

80%
80% 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 48 reviews in Forest Hill over the last 12 months.

Local market activity for 4 bedroom houses in Forest Hill

In the last 12 months, 50 four-bedroom houses similar to 371 Springvale Road, have been sold.

This represents a 15% increase in four-bedroom houses sales when compared to the previous 12 months.

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