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 › Elabana Pl
$725,000
For sale
$725,000
Last sold
19 Sept 2022
4
Bedrooms
2
Bathrooms
4
Car spaces
480 m²
Land
Districts View
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
Asking
$725,000
19 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Forest Lake (last 5 years) with land size have a median of $2,065/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
-33.0%
Median sale
Suburb $1,082,500
+1.64 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.
$32,159 on top of the price (4.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Forest Lake's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
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
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 482 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 482 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 One Agency Forest LakeBeautifully Refreshed Family Home with Multiple Living Areas & Drive-Through Side Access
One of the home's true standout features is the incredible sense of space created by its generous proportions and impressive ceiling heights. Spanning approximately 199m² under roof, the thoughtfully designed floorplan feels open, airy and far larger than many comparable homes in the area. Constructed with the strength and longevity of a steel frame, the home offers the peace of mind that comes with a quality-built residence, while the high ceilings enhance natural light, airflow and the overall feeling of openness. Combined with its expansive living areas, this is a home that delivers both substance and comfort, designed to accommodate growing families for many years to come.
Positioned in a peaceful, family-friendly street, this beautifully presented low-set residence offers the perfect balance of space, comfort and convenience. Recently refreshed with new interior paint, brand new carpets and additional air conditioning, the home is move-in ready and ideal for growing families, first-home buyers or savvy investors looking for a quality property in one of Forest Lake's most convenient locations.
Designed with everyday family living in mind, the versatile floorplan offers three separate living zones, allowing everyone their own space while still coming together in the heart of the home. The light-filled formal lounge welcomes you upon entry, while the spacious open-plan kitchen, dining and family area forms the central hub of the home and seamlessly connects to the covered outdoor entertaining area. A third living room at the rear, complete with double doors, provides the perfect media room, children's retreat or games room.
The well-appointed kitchen overlooks the main living area and features a five-burner gas cooktop, electric oven, dishwasher and generous bench space, making entertaining and everyday meals effortless.
Privately positioned at the front of the home, the spacious master suite offers a walk-in robe, ensuite and ceiling fan. The remaining three bedrooms are thoughtfully separated from the master and each include built-in wardrobes and ceiling fans, creating a practical layout for families.
Outside, the low-maintenance backyard has been designed for easy living, featuring artificial turf, a covered entertaining area with ceiling fan, garden shed, water tanks and the added bonus of drive-through side access via the double garage—perfect for trailers, small boats or additional storage.
Located just minutes from schools, shopping, parks, childcare, public transport and Richlands Train Station, this home delivers exceptional convenience while maintaining the quiet lifestyle that Forest Lake is renowned for.
Property Features:
• Freshly repainted throughout
• Brand new carpets
• Additional air conditioning installed
• Four generous bedrooms with ceiling fans
• Master suite with walk-in robe and private ensuite
• Three separate living areas
• Spacious open-plan family and dining area
• Well-appointed kitchen with 5-burner gas cooktop, electric oven and dishwasher
• Covered outdoor entertaining area with ceiling fan
• Security screens throughout
• Separate laundry with excellent storage
• Double remote garage with drive-through side access
• Garden shed
• Artificial turf for low-maintenance living
• Two water tanks
• Fully fenced 480m² allotment
Location Highlights:
• Approximately 8 minutes' walk to local bus services
• Approximately 9 minutes' walk to nearby parklands
• Approximately 3 minutes to Forest Lake Shopping Centre
• Approximately 3 minutes to Grand Avenue State School
• Approximately 4 minutes to Forest Lake State High School
• Approximately 5 minutes to Forest Lake State School
• Approximately 5 minutes to St John's Anglican College
• Approximately 5 minutes to Goodstart Early Learning
• Approximately 10 minutes to Richlands Train Station
• Approximately 34 minutes to Brisbane CBD
• Approximately 54 minutes to the Gold Coast
Whether you're searching for your next family home or a quality investment in a highly sought-after location, this beautifully refreshed property is ready for its next chapter.
For more information or to arrange your inspection, contact Adam Sargent today.
Listing description written by Adam Sargent, One Agency Forest Lake — reproduced as published, not verified by Districts.