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QLD › Forest Glen › Palm Forest Circuit

68 Palm Forest Circuit, Forest Glen QLD 4556

Land

$2,500,000

Last sold

31 Jan 2026

0

Bedrooms

0

Bathrooms

0

Car spaces

2,893 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,500,000 (31 Jan 2026).(Recorded sale)
  • FactLand 2,893 m²; no building size recorded.(Property record)

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

$2,500,000

31 Jan 2026 · derived via latest_sale

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

+119.3%

Median sale

Suburb $1,140,000

-1.89 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$2,500,00031 Jan 2026
  2. Listedprice unknowncompleted7 Jan 2026

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 Town

Prime Development Opportunity in the Heart of Forest Glen

Welcome to an unparalleled opportunity in the boutique Azure Forest Glen Estate. This level and cleared 2,893m² site, with a single driveway entrance off Palm Forest Circuit, presents a rare combination of scale, position, and flexibility on the Sunshine Coast. Nestled in the serene town of Forest Glen, the site offers the perfect blend of tranquility and convenience, located close to essential amenities and some of the Coast’s most iconic beaches.

The property currently holds Development Approval for 15 residential dwellings, each thoughtfully designed with 3 bedrooms, 2.5 bathrooms, and a 2-car garage. Each residence is positioned to overlook a leafy reserve, creating a peaceful and immersive natural environment for future residents.

Further enhancing the appeal, the site also benefits from Operational Works Approval, meaning key groundwork approvals are already in place and the project is effectively ready to commence construction. This significantly reduces lead times and upfront risk, offering developers a rare opportunity to move forward without the usual delays associated with early-stage approvals.

Read the full description

Importantly, while an approved plan is already in place, this site remains a true blank canvas. The existing approvals provide a valuable head start, yet the land itself offers the freedom to reimagine its future — whether that be a subdivision into three generous lots, a boutique residential development, or the creation of one substantial private residence (STCA). The choice is yours, with flexibility rarely found in a site of this calibre.

Don’t miss this rare opportunity to secure a premium development or lifestyle holding in one of the Sunshine Coast’s most desirable and tightly held locations.

Summary of Features:

- Prime Sunshine Coast land with Development & Operational Works Approval

- Land area: 2,893m²

- Approved for 15 residential dwellings

- Operational Works Approval in place – ready to commence construction

- Flexibility to redesign or reconfigure (STCA)

- Short distance to Sunshine Coast Grammar School & shopping precinct

- Situated in a quiet, fully established residential estate

- Central Sunshine Coast location with easy access to major attractions and services

- Backs onto forest on three sides, ensuring privacy and a strong connection with nature

- Walking distance to retail, medical services, and schools

- 15 minutes to Mooloolaba Beach, 43 minutes to Noosa Main Beach, and 80 minutes to Brisbane CBD

- Power, town water, sewerage, and NBN available

Listing description written by CRAIG MORRISON, Town — reproduced as published, not verified by Districts.

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.