Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Forest Glen › Owen Creek Rd

U5v, 71 Owen Creek Rd, Forest Glen QLD 4556

For saleUnit

$569,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $569,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $569,000(Listing record · 17 July 2026)
  • CalculationAsk is 50% 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 6.95% — 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

$569,000

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

-50.3%

Median sale

Suburb $1,145,000

+3.49 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
$569,000
Stamp Duty (Queensland)
$18,630
Transfer/Registration Fee
$2,064
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
$593,394

$24,394 on top of the price (4.3% 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
5.45%
Annual cashflow (pre-tax)
$1,449
Interest cover (DSCR)
1.05
Annual rent
$39,572
Operating expenses
$8,535
Loan amount
$455,200
Annual interest
$29,588
Gross yield
6.95%

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$569,000available17 July 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 7.0%. 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 @realty

2 BEDROOMS PLUS UTILITY ROOM - "INGENIA LIFESTYLE", FOREST GLEN FOR OVER 50s - 5 MINS TO BUDERIM, SUNSHINE COAST

For over 50s only - (Sorry, no cats / dogs)

THIS NEWLY & BEAUTIFULLY RENOVATED HOME IS IN A GREAT LOCATION OF "THE VILLAGE" INGENIA, FOREST GLEN, IN A QUIET AREA OF THE SUNSHINE COAST WITH THE MOST AMAZING FOREST OUTLOOK & yet located within 5 minutes to Buderim, 15 minutes from gorgeous, white sandy surf beaches & yet in the peace and quiet of the country, at beautifully treed, Forest Glen, "Ingenia Lifestyle", with ALL BRAND NEW STATE OF THE ART FACILITIES (See photos). The Botanical Gardens are within a couple of Ks!!

This lovely air-conditioned home, has been QUALITY renovated with 2 good sized bedrooms, both with built-ins & ceiling fans & also a 3 1/2m x 3m utility room at the end of the carport. The kitchen has plenty of storage space. There's a good-sized lounge room (with room for office table as seen in photos), allocated dining area, separate laundry, a carport with room for parking for a second vehicle. The roof was renewed only months ago and the home was painted inside and out and new flooring done at the same time. The Village has the most amazing bird life for the wildlife enthusiast !! Relax with a cuppa on your back deck with roll-down screens for privacy / weather. There's also PLENTY of room to grow your own vegies!!

Read the full description

OTHER FEATURES OF THE HOME

NEW quality flooring

NEW roof

Stumps freshly maintained

NEW paint inside and out

NEW vanity

FEATURES OF THE VILLAGE:

Brand new Ingenia Resort style facilities with 2 separate double story buildings which include:

- 1 large indoor magnesium, heated swimming pool with dressing rooms

- 1 large outdoor magnesium, heated swimming pool and Spa with B-B-Cue facilities

- 2 HUGE entertainment halls one with dance floor & mini grand piano

- 2 Bars, one of which is open most days & functions, where meals are served for minimal cost

- Cinema

- Pickle ball courts

- Bowling green

- Gymnasium

- A large, separate, allotted room for Yoga & / or exercise classes for big groups

- Library with seating, lounges & tea & coffee facilities

- Work shop (for the Men OR Ladies)

- Craft room

- Sauna

- Hair salon

- Small function room for meetings or gatherings, with tea & coffee making facilities

- Daily & weekly events & activities are organised

- Courtesy Bus

- Walking paths

- For over 50s or Retirees & Pensioners

CURRENT OUT OF POCKET COST FOR SITE FEES FOR PENSIONERS & JOB SEEKER ARE ONLY ($129.00/WEEK after Centrelink rebate) or $239.00 per week for everyone else

15 minutes to the beach

8 minutes to Nambour

Dam water for watering garden

Use of all Village facilities - (see photos)

NO RATES

NO WATER BILLS

NO STAMP DUTY ON PURCHASE

CENTRELINK REBATE OF $110 PER WEEK ON THE SITE FEE FOR ANY PENSIONERS & JOB SEEKERS

SORRY, NO DOGS OR CATS

SORRY CANNOT BE RENTED OUT (OWNER OCCUPIERS ONLY)

SORRY BANKS WILL NOT LOAN (CASH OR EQUITY REQUIRED)

EQUITY LOAN IS OK

FOR OVER 50s ONLY

Electricity is subsidised for Pensioners!

It is only a 2 minute drive to shops, including Chemist Warehouse, brand new large IGA store and the popular Kunara Natural Food Store. The gorgeous Maroochy Bushland Botanic Gardens, is only a 2 minute drive, where you can go to clear your mind or explore this wonderful Nature Reserve. There is a courtesy bus, or if you need public transport, a bus stop is just up the road for outings to Sunshine Plaza, Kawana Shopping Town, Mooloolaba or Sippy Downs shopping hub.

For a private inspection, please give me a call today!!

CHECK OUT BEV ROLFE'S OTHER OVER 50S VILLAGE CHOICES HERE! JUST CLICK ON HER NAME ON THIS ADVERTISEMENT, SCROLL DOWN AND CLICK "PROPERTIES FOR SALE"

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Bev Rolfe, @realty — reproduced as published, not verified by Districts.

Property features

  • Deck
  • Outside Spa
  • In-Ground Pool
  • Secure Parking
  • Tennis Court

Also look at

Also for sale in Forest Glen

  • U8V, 71 Owen Creek Rd, Forest Glen QLD 4556

    2-bed retirement. Asking $530K.

    For sale
  • U106, 25 Owen Creek Rd, Forest Glen QLD 4556

    2-bed retirement. Asking $960K.

    For sale
  • U55, 25 Owen Creek Rd, Forest Glen QLD 4556

    2-bed retirement. Asking $940K.

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

    2-bed retirement. Asking $929K.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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