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 › Ithaca Way
$1,580,000
Last sold
12 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
519 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
$1,580,000
12 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Forest Lake (last 5 years) with land size have a median of $2,033/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
+46.0%
Median sale
Suburb $1,082,500
-1.05 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 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 $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.
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
UnknownArea
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 LJ Hooker Property Partners | Sunnybank HillsWelcome to a beautifully renovated two-storey residence where lifestyle, privacy and modern design come together seamlessly. Showcasing striking attention to detail, clean lines and flowing interiors, this lifestyle address presents unrivalled suburban living.
Positioned in a highly desirable pocket, this home offers a rare sense of space and tranquility, with no neighbour to one side and no homes directly opposite, providing an open, peaceful outlook that is increasingly hard to find.
Upstairs, the home is thoughtfully designed for family living, featuring four generously sized bedrooms all including ceiling fans. The master suite is complete with a walk-in robe and a stunningly renovated ensuite featuring floor-to-ceiling tiles and a floating vanity. The remaining three bedrooms all feature plantation shutters and are serviced by a fully renovated main bathroom, also showcasing floor-to-ceiling tiles, a floating vanity, and both a bath and separate shower. Adding further flexibility, this level also includes an additional sitting area with built-in cabinetry perfect as a teenager's retreat or quiet relaxation zone.
Downstairs offers a versatile layout to suit a range of lifestyles. At the front of the home, a dedicated home office provides the ideal work-from-home setup. A separate carpeted family room creates the perfect space for a children's playroom or even a home gym.
At the heart of the home is an expansive open-plan living zone designed for connection and entertaining. The beautifully renovated kitchen overlooks the tiled dining and lounge area, which is a large open-plan space. The kitchen is finished with stone benchtops, soft-close cabinetry, dishwasher, pendant lighting, decorative shelving, and plenty of built-in cupboard space, along with a mirrored splashback combining style with everyday practicality. This level is complete with roller blinds throughout and energy-efficient LED lighting.
Additional downstairs features include a renovated powder room and internal laundry with built-in cabinetry.
Stepping outside, the property continues to impress with a covered outdoor patio, ideal for entertaining, which includes multiple power points for convenience. The sparkling in-ground pool, positioned to the side of the home and perfectly designed for those who enjoy swimming laps or simply cooling off.
The home has also been freshly repainted externally, features diamond grill security screens throughout and includes a range of practical extras such as a handy garden shed, slimline water tank with pump, ducted vacuum system, split air conditioning and solar panels on the roof for energy efficiency. The roof has also been repointed and repainted, ensuring both comfort and peace of mind.
At the front of the property, an additional external power point adds further practicality, perfect for charging a caravan or supporting outdoor equipment with ease.
Located just moments from the entrance to The Cascades, you'll enjoy easy access to lakeside picnics, tennis courts, and barbecue areas, while a nearby bus stop adds further convenience for daily commuting.
The driveway is wide and extends with ample length, providing the potential to accommodate a double carport if desired (subject to council approval).
This is a home that truly delivers on space, quality and lifestyle, ready for you to move in and enjoy.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must rely on their own enquiries. Images and/or descriptions may have been digitally enhanced or altered for marketing purposes and may not accurately represent the current condition of the property.
Listing description written by Alyson Eady, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.
Nearby 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.