OFF MARKET

5 Forestwood Street
Crestmead QLD 4132

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 77m2
Land area: 798m2
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Property Details for 5 Forestwood St, Crestmead

5 Forestwood St, Crestmead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 798m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1980
Floor Size
77m2
Land Size
798m2
Local Government
Logan City
Lot/Plan
36/RP191607

Last Listing description (January 2024)

SOLD by DERRICK WILLIAMS | 0433 005 324- | 5 Forestwood Street Crestmead | -Currently Tenanted, Cracking Location with Loads of Potential, Large Top Deck Outdoor Entertaining Overlooking the Spacious Backyard with Drive Through Access, Active Second Dwelling Council Approvals.Offering an abundance of potential 5 Forestwood St is positioned in a family friendly area. Featuring 3 good size bedrooms with loads of options downstairs this high set property boasts a massive backyard, huge back deck, front porch, upstairs and downstairs bathrooms and more.Resting on a generous 798m2 with drive through access this family home is conveniently located within walking distance to all amenities and a fantastic opportunity for investors looking to capitalize on the already approved development application for Dual Occupancy Dwelling - Auxiliary Unit.Property features:- 3 bedrooms all with built in wardrobes & 2 with ceiling fans- Open plan kitchen & dining area- Spacious lounge room - Main bathroom with shower and separate bathtub- Large top deck outdoor entertaining area - Front porch- Downstairs: built in, currently used as open plan living & bedroom with kitchenette- Downstairs bathroom with shower & toilet- Double carport - Garden shed- Fenced (Colorbond) 798m2 block with drive through access- Compliant smoke alarms- Rates: approximately $900 per quarter (includes water)- Currently tenanted: Lease expiry 13-6-2024- Rent: $430 per week- New rent appraisal: $500per weekClose by:- St Francis College (Prep - Grade 12)- Crestmead State Primary School- Burrows State Primary School- Shopping centres- Day care- Public transport- Crestmead PCYC- Parks/playgrounds and much moreDisclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, (including but not limited to a property's land size, floor plans and size, building age and condition).Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 5 Forestwood St, Crestmead, QLD 4132

A timeline of how this property has performed in the market
Last Sold
$570,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $570,000
  • 24 Oct 2023
    Listed for Sale Offers Over $549,000
  • 03 May 2022
    Sold for $449,000
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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2011 was 11,209 people. By 2016 the population was 12,152 showing a population growth of 8.4% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation. In 2011, 57.4% of the homes in Crestmead were owner-occupied compared with 53.8% in 2016.

Crestmead has 4,384 properties. Over the last 5 years, Houses in Crestmead have seen a 115.16% increase in median value, while Units have seen a 94.87% increase. As at 31 October 2024:

  • The median value for Houses in Crestmead is $680,780 while the median value for Units is $575,877.
  • Houses have a median rent of $530 while Units have a median rent of $423.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Crestmead.

Suburb Insights for Crestmead 4132

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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.