FOR SALE
EOI Closing 12 December 2024 4pm (AEST)

31 Woodvale Crescent
Forest Lake QLD 4078

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1ha
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1.013Ha* Residential Development Site

• Adjoining properties in the catchment have been designated for State Facilitated Development (30 Sept 2024)
• SFD designation has a minimum 15%* affordable housing allocation and a minimum Densities of 25 dwellings per hectare
• 25km* South West from the Brisbane CBD
• 88m* frontage to Woodvale Crescent
• Catchment surrounded by established residential housing
• Located in proximity of major transport connections including Logan Motorway (1.2km*), Centenary Highway (1.4km*), M1 (27km*), Ipswich Motorway (6.6km*)
• Surrounded by local amenity with local shopping Neighbourhood shops 400m*, Forest Lake Shopping Centre 1.8km*, schools Grand Avenue State School 700m*, St Johns Anglican College & Forest Lake State High School within 2.7km*
For Sale via Expressions of Interest
Closing Thursday, 12 December 2024 4pm (AEST)
*Approximately

Property Details for 31 Woodvale Cres, Forest Lake

Building Type
Commercial
Land Size
1ha

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About Forest Lake 4078

The size of Forest Lake is approximately 9.9 square kilometres. It has 36 parks covering nearly 15.4% of total area. The population of Forest Lake in 2011 was 22,426 people. By 2016 the population was 22,896 showing a population growth of 2.1% in the area during that time. The predominant age group in Forest Lake is 40-49 years. Households in Forest Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Lake work in a professional occupation. In 2011, 65.5% of the homes in Forest Lake were owner-occupied compared with 68.4% in 2016.

Forest Lake has 8,453 properties. Over the last 5 years, Houses in Forest Lake have seen a 89.86% increase in median value, while Units have seen a 99.03% increase. As at 31 October 2024:

  • The median value for Houses in Forest Lake is $860,835 while the median value for Units is $536,113.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 60 properties listed for sale, and 13 properties listed for rent in Forest lake on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Forest lake.

Suburb Insights for Forest Lake 4078

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Tony Williams
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Mark Creevey
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RW Special Projects Queensland
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.