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QLD › Forest Glen › Palm Forest Circuit

38 Palm Forest Circuit, Forest Glen QLD 4556

House

$960,000

Last sold

27 Sept 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

271 m²

Land

160 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $960,000 (27 Sept 2023).(Recorded sale)
  • CalculationRecorded House sales in Forest Glen (last 5 years) with land size: median $1,650/m² of land (n=68). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$960,000

27 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Forest Glen (last 5 years) with land size have a median of $1,650/m² of land (n=68). Districts calculation from recorded sales — not a valuation.

Forest Glen at a glance

2,857

People

$1,140,000

Median sale

$761/wk

Median rent

3.47%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Forest Glen report →

Vs Forest Glen

-15.8%

Median sale

Suburb $1,140,000

+0.65 pp

Gross yield

Suburb 3.47%

Suburb median $1,140,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$960,00027 Sept 2023
  2. Listedprice unknowncompleted23 Aug 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $761/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Forest Glen in one glance

Forest Glen at a glance

2,857

People

$1,140,000

Median sale

$761/wk

Median rent

3.47%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Forest Glen report →

Keep researching

  • Why Forest Glen? Read the area thesis →
  • What else is on the market in Forest Glen →
  • Other records on Palm Forest Circuit →

Listing material

Listed by Noble Estate Agents

CONTEMPORARY BESPOKE BUILD WITH BUSH BACKDROP

Welcome to 38 Palm Forest Circuit, Forest Glen – a stunning contemporary masterpiece that seamlessly combines modern design with natural serenity.

FEATURES YOU’LL LOVE:

- Bespoke, custom 2021 build

Read the full description

- Lager block positioned against the bush backdrop in the Azure Forest Glen Estate

- Pool, eco entertaining deck and sunken firepit with built in seating for ultimate hosting

- Open plan kitchen and living with polished concrete flooring, custom sheer curtains flowing out to capture the perfect indoor/outdoor feel

- Bush views to enjoy with very low maintenance backyard

- Master bedroom upstairs at rear of home for privacy as well as bush outlook with moody ensuite featuring a rain showerhead and large freestanding bath (also with views of the bushland)

- 10KW solar system

- All bedrooms have aircons and built in wardrobes

- Ultimate convenience with schools, shops and beaches less than 15 minutes away

This bespoke custom-built home, only two years old, offers a lifestyle of practicality and luxury. With 3 bedrooms, 2.5 bathrooms, and nestled on a larger block against a picturesque bush backdrop, this home is a true haven in the Azure Estate.

The heart of the home is the open plan kitchen and living area, where seamless indoor-outdoor living takes centre stage. A pristine pool awaits in the backyard, flanked by an eco entertaining deck with a built in sunken firepit, featuring WiFi remote controlled LED lighting, means that this space’s enchanting ambiance is designed to accommodate your every hosting need.

The interior exudes sophistication and functionality. Up the stunning blonde oak timber staircase to the upper level, you’ll find all three bedrooms are thoughtfully positioned. The master suite, discreetly located at the rear of the home, offers sweeping views of the private bushland. Complete with block-out blinds and floor-to-ceiling customised curtains, this retreat ensures a peaceful night's sleep.

The master ensuite is a perfect blend of elegance and relaxation; dark and moody tones create an intimate atmosphere, with floor-to-ceiling tiles, a rain showerhead, and a generously sized freestanding bathtub. Plantation shutters provide the option for natural light or complete privacy while still offering glimpses of the bushland beyond.

Each bedroom is equipped with its own air conditioning unit, ensuring year-round comfort. Additionally, an upstairs breakout space provides a versatile area that can be transformed into an office, study nook, or kids' activity space, catering to your specific needs.

The kitchen boasts a butler’s walk-in pantry, Bosch appliances, and a stunning herringbone tile feature splashback. With handblown drop lights from Mark Douglas Sydney adding a touch of artistic flair, this home truly is equally practical as it is stylish.

Eco-conscious living is supported by the inclusion of a 10KW solar panel system, meaning you will simultaneously help the environment and have huge savings and credits on your power bills.

Close to highly sought after Sunshine Coast Grammar School (3 min drive) and Montorsorri College (6 min drive), and only 15 minutes to Mooloolaba Beach, it’s rare to find a home that offers convenience and community, style and practicality. This home has it all.

Don't miss your chance to experience the epitome of contemporary elegance in a prime Forest Glen location. Contact us today to make this your new and best investment; the lifestyle is calling.

Listing description written by Shaina Bradley, Noble Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.