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 › Sheriff St
$925,000
Last sold
22 Feb 2023
5
Bedrooms
3
Bathrooms
2
Car spaces
4,332 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
$925,000
22 Feb 2023 · derived via latest_sale
Local land rate: recorded House sales in Forestdale (last 5 years) with land size have a median of $324/m² of land (n=37). 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
-52.1%
Median sale
Suburb $1,930,000
+1.80 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 Crafted Property Agents🔘 Buyers Request: (Sellers Current *Building & Pest Report) + (REIQ Contract & Title Search)
REFINE (1.) Finalise the renovation and finish the current vision
INVEST (2.) A great land bank opportunity and secure a savy investment
BUILD (3.) Set in a cul-de-sac of new builds already underway this is the place to be to shape your new acreage dream home. Demolish and create your lifestyle in the exclusive pocket
Instantly move in and prepare the yard the way you want. The yard requires final works but a lot of the hard work has been done. With great bones this renovated home is nearly finished and ready for your acreage retreat. Inspect now!
This could suit buyers looking for the private acreage life, home business or dual accommodation
*Under roof shed 6m x 9m (approx.) with conversation for Dual Living/Home Business (STCA)
Studio + Bathroom + Kitchenette
► HOME FEATURES:
· 4 x Bedrooms: Built-in Wardrobe + Ceiling Fans + A/C (Master Bedroom - Walk-in Wardrobe + Ensuite)
· Bathroom: 2 x Bathrooms *minor final renovations required
· Kitchen: Functional Central Cooking Area + dishwasher + oven + cooker + extra room off the kitchen to convert into butlers / 5th room for study
· Living (a): Family area combining meals + lounge + kitchen
· Living (b): Private Lounge or Extra Large Bedroom or 5th Bedroom
· Home Features: Ducted A/C + Ceiling Fans + 10kW Solar Power (less 12 month old) + Three Phase Power to Property + Front Gate (not Installed) + Security Screens
► OUTDOOR FEATURES:
· Outside area: Large patio with insulation panels
· Dual Accomodation Potential/Home Business Potential - Shed (a): Rumpus/Studio Lifestyle/Home Business + 3rd Bathroom + Storage Area
· Outside Features: Fully Fenced with side access + New Power Pole + Bitumen Driveway *
*Cameras not included
*Note: The outline shown on the aerial photos is for illustrative purposes only and is intended as a guide to the property boundary. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries. Also the measurements are approximate plus the potential suggestions have not been investigated with council and interested parties should rely on their own enquiries. Interested parties can access the sellers Building and Pest Reports for review but cannot be relied upon. (STCA - Subject To Council Approval)
Listing description written by Philip Resnikoff, Crafted Property Agents — reproduced as published, not verified by Districts.