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 › Mulgrave Cres
$707,700
Last sold
12 Oct 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
704 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
Last sold
$707,700
12 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Forest Lake (last 5 years) with land size have a median of $2,065/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
-34.6%
Median sale
Suburb $1,082,500
+1.76 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 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 708 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 708 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?
KnownmediumOfficial parcel about 708 m² — land size can look like optionality. No 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 Avenue PropertySOLD by NATALIE CHILD | 0433 853 843
- | 18 Mulgrave Crescent Forest Lake | -
704m2 BLOCK, TRIPLE GARAGE, PRIME LOCATION!
APG/ Welcome to the Hillbrook Estate. Available now and ready for you to put your personal touches to make it your dream home. A large 704sqm block with a yard out the front and back there is plenty of room to store your toys here. Triple garage with single drive-thru access this is sure to tick some boxes and I haven't even spoken about the inside yet!
With 4 bedrooms and 2 bathrooms and the main hub of the home positioned in the middle with cathedral ceilings there is plenty of room for everyone. A separate living area at the front and a 4th bedroom with the rest of the rooms at the other end of the home this home is perfect for the growing family.
A great outdoor entertaining area overlooking the large back yard the pets and kids can run a muck knowing they are safe at home.
Don't miss the first open home this Saturday, this is the first chance for anyone to inspect and by Monday night the home will be sold!
18 Mulgrave Cres Features:
4 bed, 2 bath, 2 living, 3 car on 704sqm block
3rd garage with drive-thru access to the backyard
Separate lounge room
Bedroom 4 with built-in cupboard with a shelf only
Internal laundry leading out to the triple garage
Open plan kitchen/dining/ family area with air conditioning
Kitchen with electric cooking
Master bedroom with walk-in robe including shelving, ensuite
Main bathroom with 2 way entry into bedroom 2
Separate toilet
Bedroom 2 & 3 both with built-in cupboards
Linen cupboard & broom cupboard
Outdoor entertaining patio large in size
Low maintenance backyard
Clothesline
Water tank for gardens only
Electric hot water system
Alarm system
RHS area to put a small boat or trailer
High side of the street
Facing North
Large frontage
Short walk to the convenience store, takeaway, daycare
+ So much more
* Please note, the home as you see it will be how it is handed over at settlement (furniture not included). Please speak to Natalie if you have any further questions about the home.
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.