Forest Lake at a glance
23,938
People
$1,082,500
Median sale
$691/wk
Median rent
3.32%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
QLD › Forest Lake › Wren Cl
$635,000
Last sold
30 Mar 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
622 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$635,000
30 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in Forest Lake (last 5 years) with land size have a median of $2,049/m² of land (n=156). Districts calculation from recorded sales — not a valuation.
Forest Lake at a glance
23,938
People
$1,082,500
Median sale
$691/wk
Median rent
3.32%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
Vs Forest Lake
-41.3%
Median sale
Suburb $1,082,500
+2.34 pp
Gross yield
Suburb 3.32%
Suburb median $1,082,500 from 172 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $691/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Forest Lake at a glance
23,938
People
$1,082,500
Median sale
$691/wk
Median rent
3.32%
Suburb gross yield
Median sale from 172 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyALL PROPERTIES GROUP & NATALIE CHILD SOLD…
- | 10 Wren Close Forest Lake | -
A TOUCH OF TRANQUILITY
A big family home on show today,
Come through the double entry, you will want to stay.
A separate lounge and dining room you will see,
Modern colours and floors, can this be?
4 spacious bedrooms, but the master is big,
Open plan kitchen/dining and family room you will dig.
The outdoor area is such a delight,
An inground salt water pool that's right.
With only 1 neighbour, the position is great,
Quiet cul-de-sac, safe for your kids and their mates.
Come to the open and see this beautiful family home,
Or give us a call and you can be shown.
10 Wren Close features:
4 bed, 2 bath, 2 living, 2 car on 622 sqm block with in ground pool
Built by Newstart Homes in 2001
Air Conditioning
Fans throughout
Grand double entry
Big lounge
Formal dining/ study/ kids play area
Bedroom 4 with double doors and fan
Open plan kitchen/ dining/ family
Kitchen with dishwasher, gas cook top 4 burner, good fridge space
Large double pantry, electric oven and separate grill
Laundry off kitchen with double cupboard
Bedroom 2 & 3 good size with cupboards and fans
Bathroom and separate toilet
Master bedroom with fan and door to outside
Walk-in robe with shelves and ensuite
Internal access to double lock up garage with remote control
Huge pergola area
Salt water pool
Pool equipment, creepy crawly
Pool safety certificate
Server from kitchen
Garden shed
Clothes line
Electric hot water system
5000lt water tank
Security screens on all bedrooms
Solar power 6.48kw
Termite yearly inspection completed March 2021 prevention only
+ so much more
For more information please contact Natalie on 0433853843.
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate.
However, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
(including but not limited to a property's land size, floor plans and size, building age and condition)
Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Natalie Child, Avenue Property — reproduced as published, not verified by Districts.