Forestdale at a glance
2,650
People
$1,930,000
Median sale
$614/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
QLD › Forestdale › Forestdale Dr
$940,000
Last sold
10 July 2020
6
Bedrooms
3
Bathrooms
5
Car spaces
4,000 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
$940,000
10 July 2020 · derived via latest_sale
Local land rate: recorded House sales in Forestdale (last 5 years) with land size have a median of $323/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Forestdale at a glance
2,650
People
$1,930,000
Median sale
$614/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Forestdale
-51.3%
Median sale
Suburb $1,930,000
+1.75 pp
Gross yield
Suburb 1.65%
Suburb median $1,930,000 from 14 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 $614/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
Forestdale at a glance
2,650
People
$1,930,000
Median sale
$614/wk
Median rent
1.65%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elegance Realty*PLEASE CONTACT AGENT FOR PRIVATE INSPECTION*
Due to the current situation of Covid-19, we are happy to on request accommodate a private inspection. During this time, please be vigilant regarding your health and safety and everyone's around you.
Enjoy your own Tudor-style mansion on acreage living - a fabulous combination bringing you the best of both worlds!
The large house has flawless presentation with an open floor plan featuring many living areas and a bonus space for a home business or dual living opportunity. Externally you will find a well designed yard with two large shed and lush lawns complementing the property. This entire acreage wonderland includes many big attributes and will need an inspection to appreciate what's on offer. This completed masterpiece will leave you speechless with the creation by visionary owners.
If you love to entertain then this outdoor lifestyle will give you the wow factor. With many outdoor access points to the entertaining destinations. A place where your family and friends will never want to leave.
It also needs to be mentioned this amazing property comes with tank water refilling system as it combines tank, sensor, bore and submersible pump which can refill the water tanks automatically. This sophisticated system helps water tank have water all the time and no need to have any concern regarding lack of water supply even during sever drought period.
This double brick home Features:
-Large 4000m2 block in a great location
-6 x Large bedrooms with built-ins
-3 x Immaculate bathrooms, 3 separate toilets + study
-Gourmet kitchen with granite benches with plenty of bench space & breakfast bar and gas cook top.
-3 x Spacious living areas throughout
-Ducted air-conditioning + Air-conditioning in all bedrooms
-Double lock up garage with remote entry
-Tank water refilling system
-5 car accommodation with workshop facilities including 3-phase power
-Automatic sprinkler system waters whole property
-Fully fenced with front electric gate
-2 x 5,000Ltr water tanks
-1.5kw Solar panel
-Solar hot water
-Remote control skylights
-Exclusive acreage living with a unique lifestyle
-Crim safe security
-Intercom
-Low maintenance garden & lawns
-Great access for all type of machinery & vehicles
-Easy access to major motorways
-Easy access to shopping centre and amenities
Location:
-30 mins drive to Brisbane Airport
-40 mins drive to Gold Coast beaches
-5 mins drive to major shopping centre (Grand Plaza)
-8 mins drive to Park Ridge Shopping Centre
157 Forsedale road is an opportunity not to be missed and an inspection is a must if you want to fully grasp just how impressive it is!
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 inquiries and obtain their own legal advice.
Listing description written by Xavier Far, Elegance Realty — reproduced as published, not verified by Districts.