Village Centre WayForest Glen QLD 4556
Property Details for 311/1 Village Centre Way, Forest Glen
Last Listing description (February 2024)
Samuel Hoy from Ray White Commercial Norther Corridor Group and Wendy Sheahan from Reliant Property are ecstatic to present Forest Glen Village Centre. Integrating the much-loved Forest Glen shopping strip into a new multi-million dollar master-planned medical, retail and shopping development, the Forest Glen Village Centre heralds a new era of relaxed yet sophisticated family-friendly retail for the Sunshine Coast.
With three stages of development planned, the precinct will become a vibrant, living heart for the surrounding community, as well as servicing nearby schools and businesses and passing highway traffic. The sizeable 6.6ha site will on completion deliver more than 15,500m2 of mixed retail, commercial and industrial space. The development is now complete and ready for occupancy. The project has delivered more than 2,000m2 of retail including an IGA Supermarket, and a 2,500m2 health precinct. Other tenants include a doctors' practice, national pharmacy, dentist, hairdresser, gym, bottle shop, mixed food vendors and many more.
Contact Samuel Hoy from Ray White Commercial Norther Corridor Group for further information or to arrange an inspection.
Property History for 311/1 Village Centre Way, Forest Glen, QLD 4556
- 07 Mar 2024Listed for Sale CONTACT AGENT
- 20 Feb 2024Sold for $385,000
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0About Forest Glen 4556
The size of Forest Glen is approximately 7.2 square kilometres. It has 3 parks covering nearly 2.7% of total area. The population of Forest Glen in 2011 was 790 people. By 2016 the population was 1,370 showing a population growth of 73.4% in the area during that time. The predominant age group in Forest Glen is 0-9 years. Households in Forest Glen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Glen work in a trades occupation. In 2011, 80.3% of the homes in Forest Glen were owner-occupied compared with 79.7% in 2016.
Forest Glen has 925 properties. Over the last 5 years, Houses in Forest Glen have seen a 49.93% increase in median value, while Units have seen a 77.85% increase. As at 31 October 2024:
- The median value for Houses in Forest Glen is $985,265 while the median value for Units is $795,771.
- Houses have a median rent of $750.
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