Back 5 Parkmore Road
Off Market

5 Parkmore Road

Forest Hill VIC 3131

3
1
2
House
Last sold for $1,020,000
Patrick FuPatrick Fu, last sold this property on 21 November 2025 after 27 days on market.

Overview

Land, Location and Lifestyle in the Heart of Forest Hill

Perfectly positioned in a peaceful, tree-lined street, this charming residence on a generous 581m² (approx.) allotment represents an exceptional opportunity to redevelop, rebuild, or invest in one of Forest Hill’s most sought-after locations. The property’s rectangular, level block provides the ideal foundation for a new luxury family home or multi-unit development (STCA), appealing to builders, developers, and astute investors seeking strong growth and reliable returns in a well-established neighbourhood. The existing three-bedroom home is neat, comfortable, and full of potential. It features a spacious lounge with fireplace, a functional kitchen and dining area, a dedicated study, and a family bathroom. Outside, a large covered entertaining area overlooks a private rear garden, complemented by a studio, garage, shed, and carport. This flexibility allows you to live in or lease out while preparing plans and permits for future development. Superbly located for convenience and lifestyle, this address places you within easy walking distance of both Forest Hill Chase and Brentford Square Shopping Centre, offering an abundance of retail, dining, and daily amenities at your doorstep. Families will appreciate proximity to Parkmore Primary School, Forest Hill College, and Mahoneys Reserve, while Blackburn Lake Sanctuary and Wattle Park provide natural beauty and weekend leisure options. Public transport is readily available with nearby bus routes connecting to Nunawading Station and the Eastern Freeway, ensuring seamless access to the CBD and surrounding suburbs. Whether you’re looking to build your dream home, embark on a boutique townhouse project, or secure a high-potential investment, 5 Parkmore Road offers the perfect blend of location, land, and opportunity in a premium pocket of Forest Hill — a suburb celebrated for its quiet streets, quality schools, and enduring family appeal.

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
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 5 Parkmore 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 5 Parkmore Road

2026
Rented
Undisclosed
Leased on 25 Mar 2026 by CHN Real Estate Group
2025
Sold
$1,020,000
21 Nov 2025 by Patrick Fu, of CHN Real Estate Group

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 5 Parkmore Road, have been sold.

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

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