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 › Queens Ct
$558,000
Last sold
5 Aug 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
253 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
$558,000
5 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Forest Lake (last 5 years) with land size have a median of $2,033/m² of land (n=155). 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
-48.5%
Median sale
Suburb $1,082,500
+3.12 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 Beautique RealtyLocated conveniently close to Woogaroo corner shops & Grand Avenue Public School this property is in the perfect location for a young family need a walking distance school or public transport.
This well maintained property consists of three bedrooms, two with built-ins and two way bathroom with separate toilet. Good sized kitchen which overlooks the combined lounge & dining room with air conditioning, beautiful white timber shutters that leads out to the covered outdoor area.
- 3 Bedrooms with walk-in to main & built-in to one other room
- Two way bathroom with separate toilet
- Internal laundry with external access
- Combined lounge & dining with air conditioner
- Good size kitchen
- Covered entertainment area surrounded by established gardens
- Crimsafe security screens throughout
- Single lock up carport
- 253 m2 block
- Excellent tenant since 2018 with fixed term tenancy until 10 Oct 2022 at $360 pw
- * Rental Appraisal $450 per week.
Outgoings :
Council Rates $430 per quarter
Water Rates $183 per quarter plus usage * Tenant pays water
No body corporate fees
BUYERS
Note, the property will be open to offers via Market Buy.
Never used Market Buy? Here is more information....
When you're looking to buy a house or property, you get caught in this game of submitting offers and being told there's 10 other people interested and you better go higher to even have a chance. But you never really know if what you're being told is a sales tactic or if you have in fact chosen the most popular house in the country!
Market Buy adds a layer of transparency to the process:
Only people legitimately interested in a property will be given a secure login
Once you login, you can see a history of genuine offers and place your own when you're ready and happy to do so. It's completely anonymous to the other potential buyers (but the agents know who everyone is) And you can do this easily from your phone, no matter where you are or what you're doing, with absolutely no pressure from the agent!
Listing description written by Beau Miller, Beautique Realty — reproduced as published, not verified by Districts.