Forestdale at a glance
2,650
People
$1,870,000
Median sale
$614/wk
Median rent
1.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
QLD › Forestdale › Paradise Rd
$615,000
Last sold
18 Apr 2019
3
Bedrooms
1
Bathrooms
3
Car spaces
4,010 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
$615,000
18 Apr 2019 · 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
$1,870,000
Median sale
$614/wk
Median rent
1.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Forestdale
-67.1%
Median sale
Suburb $1,870,000
+3.48 pp
Gross yield
Suburb 1.71%
Suburb median $1,870,000 from 15 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
$1,870,000
Median sale
$614/wk
Median rent
1.71%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stone Real Estate Logan WestFinally here is a home in prestigious Forestdale without a million dollar price tag.
For the last 37 years, this has been a much loved family home, so it is with great reluctance that the owners are looking to sell, but it has simply become an empty nest and its time to move on!
If you have been looking for an entry level home with loads of potential to extend and improve. Allow me to introduce you to 30 Paradise Road.
Set on a flat and mostly cleared 4,010m2 block of land, sits this very comfortable 3 bedroom, two storey home.
This home has some beautiful features, like the stunning timber floors upstairs, spacious and functional kitchen, large separate family room, outdoor covered entertaining area that more than doubles your living space and most importantly has a real homely feel.
With new paint both inside and out, providing a fresh home that is ready to move straight into, while you can let your imagination run wild and start planning the renovations and extensions.
Budget buying and potential never looked this good in a growth prestigious suburb!
When buying Real Estate the most important piece of the puzzle is LOCATION. and this is one that cant be beaten. The suburb of Forestdale has a Median sale price of $800,000 and 94% Owner occupancy rate, and full pressure town water, making this lifestyle acreage only 30 minutes from Brisbane CBD highly sort after.
This home offers the budget conscious buyer an amazing opportunity, with so much potential to improve and reap the rewards of a future profit.
Please note the air-conditioning in the master bedroom is not functioning and will not be replaced.
FEATURES LIST:
2 Double bedrooms with built-in robes
1 Single bedroom with free standing robe
Family bathroom upstairs with double vanity
2 x Powder rooms, one upstairs, one downstairs
Tiled lounge with internal brick feature wall
Internal timber stairs
Tiled meals area off kitchen
Galley style kitchen with free standing electric oven and large pantry
Spacious laundry with storage
Large tiled family room with storage under stairs
Polished timber floors upstairs
Double storage cupboard in hall
Lage upstairs hall with an abundance of light, great office or sitting area
Expansive covered outdoor entertaining with lattice work enclosure
2 & Car carport with additional free standing carport for a boat
Security screens on windows
Water tank for the gardens
Two garden sheds
Next door to Paradise Park
Built in 1982
Full pressure town water with Septic and Grease trap
Fully fenced with double gate entry
Set on a 4,010m2 block
DISCLAIMER:
Please note: Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.
Listing description written by Bridgette Griffiths, Stone Real Estate Logan West — reproduced as published, not verified by Districts.