SOLD
Sold on 28 Feb 2024 for $1,000,000

Village Centre Way
Forest Glen QLD 4556

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 154m2
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Property Details for 317/1 Village Centre Way, Forest Glen

Building Type
Commercial
Land Size
154m2
Local Government
Sunshine Coast Regional
Lot/Plan
317/SP335032

Last Listing description (April 2024)

Samuel Hoy from Ray White Commercial NCG are ecstatic to present 317/1 Village Centre Way, within the Forest Glen Village Centre.

FEATURES:
Brand new 5 year lease with 2 x 5 year options

$61,600 per annum
3.5% annual increases

Contact Samuel Hoy from Ray White Commercial Norther Corridor Group for further information.

Property History for 317/1 Village Centre Way, Forest Glen, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$1,000,000
28 Feb 2024
Listed for Rent
$1.18k/w
20 Feb 2024
  • 10 Apr 2024
    Listed for Sale Contact Agent
  • 28 Feb 2024
    Sold for $1,000,000

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About 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 937 properties. Over the last 5 years, Houses in Forest Glen have seen a 52.38% increase in median value, while Units have seen a 72.85% increase. As at 30 November 2024:

  • The median value for Houses in Forest Glen is $1,022,473 while the median value for Units is $724,847.
  • Houses have a median rent of $763.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Forest glen on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Forest glen.

Suburb Insights for Forest Glen 4556

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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.