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QLD › Forest Glen › Owen Creek Rd

U218, 71 Owen Creek Rd, Forest Glen QLD 4556

For saleRetirement

$960,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $960,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $960,000(Listing record · 28 Aug 2026)
  • CalculationAsk is 16% below the Forest Glen median recorded sale ($1,145,000, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Forest Glen's advertised median rent ($761/wk), implied gross yield would be 4.12% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$960,000

Asking

No recorded sale for this property.

Forest Glen at a glance

2,857

People

$1,145,000

Median sale

$761/wk

Median rent

3.46%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Forest Glen report →

Vs Forest Glen

-16.2%

Median sale

Suburb $1,145,000

+0.66 pp

Gross yield

Suburb 3.46%

Suburb median $1,145,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$960,000
Stamp Duty (Queensland)
$36,225
Transfer/Registration Fee
$3,880
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,003,805

$43,805 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Forest Glen's advertised median rent — not a rent for this listing.

Net yield
2.62%
Annual cashflow (pre-tax)
$-24,748
Interest cover (DSCR)
0.50
Annual rent
$39,572
Operating expenses
$14,400
Loan amount
$768,000
Annual interest
$49,920
Gross yield
4.12%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$960,000available28 Aug 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.

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

Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

$1,145,000

Median sale

$761/wk

Median rent

3.46%

Suburb gross yield

Median sale from 14 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 Owen Creek Rd →

Listing material

Listed by Ingenia Lifestyle

Modern Home, Prime Position

Beautifully presented and thoughtfully designed for effortless living, this impressive home enjoys a peaceful position within the community, located near Nature's Retreat and just moments from a range of community facilities. Showcasing a spacious open plan design, the home is filled with natural light and enhanced by raked ceilings, modern downlights, hybrid timber flooring and air-conditioning. With plantation shutters, elegant sheer curtains and ceiling fans throughout ensure year-round comfort, while the neutral colour palette creates a fresh, contemporary feel. Move-in ready and impeccably maintained, this is a home that offers both comfort and lifestyle.

At the heart of the home, the stylish galley kitchen has been thoughtfully designed to combine practicality with modern appeal. A skylight brings in additional natural light, complementing the pendant lighting and sleek stone benchtops. Featuring an electric wall oven, electric cooktop with rangehood, dishwasher, generous storage and an extended breakfast bar, the kitchen provides the perfect space for meal preparation, casual dining and entertaining. Overlooking the open plan living and dining area, it allows you to remain part of the conversation while hosting family and friends, while direct internal access to the garage adds everyday convenience.

Offering a versatile and functional floorplan, the home comprises two comfortable carpeted bedrooms plus a third room that can easily serve as a home office or hobby room. The master suite provides a peaceful retreat, complete with air-conditioning, a walk-in robe and private ensuite. The second bedroom is conveniently positioned adjacent to the main bathroom, which features a full-sized walk-in shower and practical layout. Consistent styling and quality finishes throughout the home create a warm, cohesive and inviting atmosphere.

Read the full description

Stepping outside, the covered tiled front porch offers a wonderful extension of the living space and the perfect place to enjoy your morning coffee, entertain visitors or simply relax and soak up the peaceful surroundings. Complete with a ceiling fan and remote-controlled external shade blinds, this inviting outdoor area can be enjoyed throughout the seasons. Completing this outstanding package is a double lock-up garage with an epoxy floor, European-style laundry and solar power, delivering a low-maintenance lifestyle without compromising on comfort, convenience or modern appeal.

Home Features:

• Located near Nature’s Retreat and close to other community facilities

• Two carpeted bedrooms with ceiling fans

• Master bedroom with private ensuite, walk-in robe and air-conditioning

• Second bedroom with built in robe

• Versatile third room

• Main bathroom with walk in shower

• Open plan living and dining with hybrid timber flooring and air-conditioning

• Modern designed kitchen with stone benchtops, ample storage, dishwasher and breakfast bar for casual dining

• Electric wall oven and electric cooktop with rangehood

• Undercover front patio

• Double garage with internal access

• European laundry to garage

• Rooftop solar

At Ingenia Lifestyle Nature’s Edge, there is a thriving, vibrant social community where the atmosphere is always friendly. It’s a place where people care about each other and special friendships are made.

A full and diverse calendar of activities organised by the energetic social committee enriches the lives of residents. There’s Friday night happy hour, community dinners, cinema screenings, mahjong and yoga, to name a few.

The award-winning Leisure Centre precinct is at the heart of the community. With its contemporary design and bespoke finishes, it is designed to support social and active lifestyles.

Leisure Centre features:

• 20m indoor heated magnesium swimming pool and spa

• Tennis court and pickle ball court

• True roll synthetic bowling green

• Bocce court

• State-of-the-art cinema

• Bar and alfresco dining

• Teppanyaki BBQ

• Sauna

• Billiards, library and lounge

• Arts and crafts centre

• Massage

Second Clubhouse - Nature's Retreat Features:

• Outdoor Heated Pool and Spa

• Techno Gym – Gymnasium

• Outdoor BBQ area

• Private Dining Room and Bar

• Salon

• Meeting room

• Sauna

• Exercise, dance, Pilates Space

The land lease model is simple, making it easier to budget now and into the future. There is no stamp duty when you buy, no exit fees when you sell and any capital gain is yours to keep. You won’t pay strata fees, just a weekly site fee and your utilities. It’s straightforward and designed to give you freedom for the things, people or moments you love.

Financial benefits of buying in Ingenia Lifestyle

• Downsize and free up capital to start enjoying retirement

• No stamp duty

• No entry or exit fees

• Retain 100% of any capital gains at time of sale

• Ingenia Gold Card providing 25%* discount with Ingenia Holidays

• Ingenia Connect

Community living has never been easier. Whether you are looking at your downsizing options or just looking to form friendships and find new hobbies, the community at Nature’s Edge will welcome you with open arms.

Contact our friendly team today and discover how you can start your new lifestyle at Nature’s Edge.

Listing description written by Kerri Reiken, Ingenia Lifestyle — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Study

Also look at

Also for sale in Forest Glen

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  • U5v, 71 Owen Creek Rd, Forest Glen QLD 4556

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  • U160, 25 Owen Creek Rd, Forest Glen QLD 4556

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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.