Back 428 Springvale Rd
Off Market

428 Springvale Rd

Forest Hill VIC 3131

3
1
2
586 m²
House
Last sold for $990,000
Michelle YanMichelle Yan, last sold this property on 11 July 2025 after 28 days on market.

Overview

Untapped potential in a prime location

Established on a generous 585 sq m approx. block with a wide 16.5 metre frontage, all the ingredients are on offer within this home for smart investors, developers and young families to create a prosperous future. Freshly updated with stylish floorboards and a fresh white tonal palette, the light-filled three bedroom design is comfortably appointed to occupy or lease out today. Features a spacious living room, kitchen/meals, neat bathroom, a double garage, and a large, level backyard lawn where children can play safely. An ideal site for one luxury residence or highly desirable townhouses (STCA), it’s an easy walk to Parkmore Primary School, Emmaus College and Forest Hill College. Metres from local shops and buses to Nunawading train station and the Burwood Highway tram, live close to Forest Hill Chase and The Glen Shopping Centre. * Neatly updated three bedroom home * On 585 sq m approx. with a 16.5 metre frontage * Comfortable to occupy today * Redevelopment potential (STCA) * Walk to excellent schools * Metres from buses to the train and tram Terms: 10% Deposit, Balance in 30/45 days.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
586 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 428 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 428 Springvale Rd

2025
Sold
$990,000
11 Jul 2025 by Michelle Yan, of Fletchers Blackburn
2019
Rented
Undisclosed
Leased on 13 Oct 2019 by Premier Property Agents
2019
Rented
Undisclosed
Leased on 12 Oct 2019 by Premier Property Agents

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 428 Springvale Rd, have been sold.

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

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