OFF MARKET

36 Owen Creek Road
Forest Glen QLD 4556

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9109m2
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Property Details for 36 Owen Creek Rd, Forest Glen

Building Type
Commercial
Land Size
9109m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/SP313566

Last Listing description (March 2018)

Resort Brokers ID : OTP004017

Architecturally designed townhouses - stage One to commence April 2016.

Two swimming pools, BBQ area and walking trails - pet friendly.

Located close to multi-billion dollar infrastructure projects.

Easy drive to schools, shops, major hospitals and university.

25 year Accommodation Module Agreements.

Body Corporate salary - $1,100 per lot (Inclusive of GST). Total - $176,000 on completion of all stages.

Net Profit - $495,012 projected (upon completion).

No fixed office hours.

Information Memorandum and Projected Income Calculations available on request.

Expressions of Interest close 5pm Friday 18th December 2015

Property History for 36 Owen Creek Rd, Forest Glen, QLD 4556

A timeline of how this property has performed in the market
  • 25 Nov 2015
    Listed for Sale Expressions Of Interest

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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 926 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.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Forest glen on OnTheHouse. According to CoreLogic's data, 76 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.